January 27, 2025, 10:00 AM ETH Today Market Analysis As of 10 PM, the candlestick chart shows a downward correction trend.
Price is trading around 2935, with the Bollinger Bands three lines parallel, near 2920, 3010, and 2830. Short-term MA lines MA5 and MA10 are forming a golden cross and trending upward, with the gap widening. MACD indicator: The MACD lines are below the zero line, forming a golden cross and trending upward, indicating bullish momentum is building. RSI indicator: RSI14 is around 50, indicating a normal trading phase.
Resistance levels: 2965, 3025, 3080 Support levels: 2900, 2850, 2780
Long position strategy: The trigger signal at the 2900 support level makes further decline unlikely; if it breaks downward, watch the 2850 support level. Entry points: 2900, 2850 Stop-loss: 2860, 2810 Take-profit: 3080, 3025
Short position strategy: The trigger signal at the 2965 resistance level makes a breakout difficult; if it breaks upward, watch the 3025 resistance level. Entry points: 2965, 3025 Stop-loss: 3000, 3065 Take-profit: 2780, 2850
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
ETH Market Analysis
January 27, 2025, 10:00 AM ETH Today Market Analysis
As of 10 PM, the candlestick chart shows a downward correction trend.
Price is trading around 2935, with the Bollinger Bands three lines parallel, near 2920, 3010, and 2830.
Short-term MA lines MA5 and MA10 are forming a golden cross and trending upward, with the gap widening.
MACD indicator: The MACD lines are below the zero line, forming a golden cross and trending upward, indicating bullish momentum is building.
RSI indicator: RSI14 is around 50, indicating a normal trading phase.
Resistance levels: 2965, 3025, 3080
Support levels: 2900, 2850, 2780
Long position strategy: The trigger signal at the 2900 support level makes further decline unlikely; if it breaks downward, watch the 2850 support level.
Entry points: 2900, 2850
Stop-loss: 2860, 2810
Take-profit: 3080, 3025
Short position strategy: The trigger signal at the 2965 resistance level makes a breakout difficult; if it breaks upward, watch the 3025 resistance level.
Entry points: 2965, 3025
Stop-loss: 3000, 3065
Take-profit: 2780, 2850