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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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#ETH# From a short-term perspective, the short-term moving averages MA5 and MA10 are close to the current price level, with the short-term moving averages flattening slightly downwards, reflecting a near balance of short-term long positions and short positions; MA30 is below, providing some support to the price level. Overall, the moving average pattern still leans towards long positions, but the short-term upward momentum is weakening. Currently, it is in a short-term adjustment phase, with the resistance level near 4360 above and the support area at 4160 and MA30 below. In summary, the medium to long-term upward trend of Ether has not been affected, but in the short term, it is essential to remain vigilant against the risk of oscillation adjustments, with a focus on defending the support level.
#ETH突破4300#
In the short term, Ether can still be trusted to reach high positions around 4330, but pay attention to defense at the entry position. For short-term trades, do not blindly believe in a single trend; the market changes constantly. Understand the overall situation and consider all factors comprehensively.