$ETH The current market is in a short-term upward channel. After a rapid price surge, the price is currently encountering resistance near $3,115, showing a slight pullback, but the overall trend remains upward.

Trading Suggestions

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Long Position (Buy) Suggestion: The current price is above all moving averages, with the moving averages in an upward排列 (bullish alignment), indicating an upward trend. Consider taking a small position when the price retraces to near MA(25) (approximately $3,112.69), with a target of $3,150.

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Short Position (Sell) Suggestion: The current trend is strong, so it's not advisable to go against the trend by shorting. If the price breaks below MA(25) decisively and volume increases, consider a small short position, with a stop-loss placed above $3,120.

ETH
ETHUSDT
3,118.6
+0.36%

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