Over the weekend, Ethereum has been in a range-bound phase. From the daily technical indicators, the KDJ indicator continues to be in a death cross downward phase, while the MACD indicators, DIF and DEA, are still under downward pressure. The RSI indicator is in a high-level oscillation, and the bullish volume is also continuously shrinking, reflecting that the short-term pullback has not completely ended. However, the BOLL indicator's entire band continues to rise, indicating that the overall trend remains bullish. The increase in the MA5 daily moving average has significantly weakened, but the MA10 and MA30 moving averages continue to strengthen. Additionally, Ethereum has successfully formed a green TD1 today. Considering the daily technical indicators, there is still a considerable technical gap at the daily level for Ethereum. I personally believe that the price will first undergo a round of pullback before repairing and rising.

From the 4-hour technical indicators, the KDJ indicator shows a golden cross upward, but the MACD indicator continues to show a death cross downward, indicating a divergence in the short-term technical indicators. The short-term BOLL indicator's entire band continues to narrow, suggesting that the upward space is somewhat limited. The short-term MA5 and MA10 moving averages continue to cross downward, while the MA30 moving average is rising. Currently, there is a divergence in the short-term technical indicators, and I still believe that the price will first undergo a technical pullback before attempting to rise and challenge the 4000 level.

Ethereum: Short near 3775-3810, Stop Loss: 3867, Target: 3710-3680

Bitcoin: Short near 118000-118800, Stop Loss: 119500, Target: 117000-116500

The above is my personal analysis of the market during the afternoon; specific points and directional changes are subject to real-time guidance.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。