Crypto Academy Expert: Ethereum 3.13 - 2000 Level Cannot Fall, Cannot Rise! Bottom Reversal Pattern Emerging! Latest Market Analysis and Trading Ideas Reference

Ethereum current price 2060, it's now 2:30 AM Beijing time. The market has been consolidating at this level for several consecutive days, with whales repeatedly testing the 2000 level without breaking it. Has the main force finished washing out? Has a bullish trend formed? This is the most common question from coin friends these days. My approach is simple: those who went long from below 1800 have already secured profits lying flat. Now around 2000 is the second opportunity to go long.

Daily K-line: Before publishing, the highest reached 2095, lowest 2016. EMA trend indicator begins to compress with higher highs pulling up and lower lows also rising. Short-term resistance focus on the golden ratio 0.786 previous high. MACD volume expansion and position building unchanged, DIF and DEA opening upward have already approached the 0 axis line. Bollinger Bands showing horizontal trend with upward movement, upper band has reached 2125, middle band watch 1988. KDJ forming golden cross, overall trend biased toward upside.

Four-hour K-line: Still consolidating on the trend indicator line. Trend support at 2020-1988 area. MACD continuous volume expansion, DIF and DEA compression and expansion at high point. Volume releasing above 2000. Bollinger Bands upper band resistance point 2085. There's a saying in trading that pressure levels held too long must break—pullbacks are opportunities to go long. Those already in positions should not rush to liquidate but keep base positions to avoid missing opportunities.

Short-term reference: (Live trading data updated, consult author for details)

Lower 2020-1990 go long, stop loss 40 points, targets 2100-2150, break-level watch 2200

Upper 2100-2150 after obvious resistance can consider light position go short, stop loss at 2180, targets 2020-2000, however still primarily biased toward going long

Actual operations based on real-time order flow data. For more information details please consult the author. Article has publishing delay, suggestions for reference only, risks self-assumed #Gate2月衍生品市场份额创新高 $ETH