ETH/USDT 15-Minute K-Line Analysis: Surge and Pullback Consolidation, Short-term Bulls and Bears Intensify



Key Support and Resistance Levels

• Resistance Levels

1. First Resistance: 2,045.20 (Recent high in oscillation), is the immediate resistance for short-term rebound. Breaking through could target 2,063.00 (Stage high).

2. Second Resistance: 2,063.00 (Stage high), breaking this opens further upside space.

• Support Levels

1. First Support: 2,034.74 (MA5), is the current short-term support during consolidation. Losing this may trigger profit-taking.

2. Second Support: 2,029.29 (MA50), an important medium-term support. Falling below could break the short-term sideways pattern.

3. Third Support: 1,974.00 (Recent low), the extreme low of this correction. Breaking this will open a new downward space.

Technical Indicator Analysis

• Moving Averages: Price is oscillating around MA5, MA10, MA20, and MA30, with no clear bullish or bearish alignment, indicating a consolidation phase with balanced forces.

• MACD Indicator: MACD value (-1.24) is in the negative zone, with DIF approaching DEA downward, red bars disappearing and green bars emerging, indicating short-term rebound momentum is exhausted and bearish pressure is beginning to ease.

• RSI Indicator: Values are in the neutral zone, not overbought or oversold, reflecting cautious market sentiment and a stalemate between bulls and bears.

• Volume: Recent trading volume has been shrinking, showing a lack of strong capital inflow and a market in wait-and-see mode. The oscillation pattern is likely to continue.

Summary and Trading Suggestions

Currently, ETH/USDT is in a pattern of “surge and pullback consolidation, with intensified short-term bulls and bears.” If the price volume breaks above 2,045.20 and stabilizes, consider bullish positions targeting 2,063.00; if it pulls back and breaks below 2,034.74, be alert to the risk of further decline, with key support at 2,029.29. #当前行情抄底还是观望?
ETH-3.17%
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