ETH market in the morning, can the bulls make another effort in the market outlook?
ETH market analysis:
The overall market of Ethereum yesterday was operating within the 370-400 pass band, and the overall fluctuations within the day were operating within the range. The highest reached 394.13 yesterday, and then the currency price fluctuated and retreated, and the lowest fell to 375.58. According to the support point 373 that Li Bin said yesterday And it was broken, which shows that the support of the 373 line is still relatively strong. After the price fluctuated and rose from around 380 in the morning, the currency price also returned to run above 380 again. Analyzing from the four-hour K-line chart: the current The Bollinger Bands channel continues upward and shows signs of closing. The K-line price is running in the middle and upper orbits of the Bollinger Bands. The MACD bullish kinetic energy is gradually dissipating. The MACD fast and slow lines are sticking upward above the zero axis, and KDJ is in the weak zone above the zero axis. It is running in a cross-turned-head-up posture, and the RSI is in a bonded and flat posture in the strong area above 50.
Operation suggestion:
Operation suggestion:
Consider entering the market with multiple orders around 381-383. The target is to look at 388 first. When you arrive, you can hold it and look at the 393 line. If the upward trend is strong, you can consider looking at the 400 suppression level.
When it touches the 400 line, you can consider entering the market with empty orders. The profit can be controlled at about 5 points. If the downward trend is strong, you can consider holding it for a longer period of time.


