2-27 Afternoon Market Views



Currently, ETH has rebounded after falling from the high of 2149 and is now oscillating above 2050. The overall structure remains in the high-level correction phase within a bullish trend, and the pattern of higher lows has not been broken. In the short term, 2000 serves as a stage support, while above 2100 remains a dense area of resistance. The bulls and bears are entering a second phase of competition.

BOLL:
Upper band around 2143, middle band around 1952, lower band around 1761.
The Bollinger Bands remain open; after the price retested the middle band without breaking below, it re-entered the upper half of the bands, indicating the bullish structure is intact. If it continues to stay above 2000, the bullish momentum persists; if it effectively breaks below the middle band, the market will enter a deep correction.

MACD:
Positioned above the zero line, with the red histogram expanding again, DIF and DEA crossing upward again, indicating renewed bullish momentum. Currently, this is a secondary attack phase after a retest confirmation; watch whether volume continues to support the move.

This is a high-level oscillation correction within a bullish trend. Before breaking support, the main strategy is to buy on dips rather than blindly chasing the rally. Focus on the battle between 2000 support and 2140 resistance. If volume breaks through the previous high, the bullish space further opens; if it faces resistance again, it will enter a range-bound oscillation. Prioritize position control and operate with the trend.
BTC-1.94%
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