ETH hit a low of $2,372 during today’s trading before quickly rebounding to $2,420, and is currently trading around $2,444.
Intraday trends show a clear V-shaped reversal, with a rapid rebound from the bottom to the top, indicating that the market’s short-term sentiment has significantly recovered.
2. Technical Indicator Interpretation
Hourly MACD
The MACD histogram has rebounded from the extremely low zone and is approaching the zero axis, with the Signal line and the MACD fast line tending to cross.
If the next K line closes with a significant increase in volume, the MACD is expected to confirm a golden cross, and the short-term momentum will shift from weak to strong.
15 Minute EMA/SMA (5/13/34/55)
The short-term EMA5 and EMA13 are both below, while the upper EMA34 is approximately at the $2,460 area creating resistance.
If ETH closes above EMA34/55, it means the continuation of the short-term bullish trend; if it does not break above, it may form a range-bound fluctuation or a pullback.
RSI & Stochastic (KDJ)
The 30-minute RSI rebounds to around 50, indicating a neutral to strong state;
KDJ is slightly bearish in the short term. If K/D forms a bottom divergence and crosses upward, it will be a signal to chase long positions.
3. Key Support and Resistance Areas
Support Level: $2,372 (daily low) → $2,400 (psychological barrier)
Resistance Level: $2,460 (EMA34/55 and Fib 50% overlap zone) → $2,500 (yesterday’s high point gap filling)
If ETH holds steady in the $2,400→$2,420 range, it is likely to test and break through $2,460 again in the short term; on the contrary, a drop below support will test $2,372 for support again.
4. Macroeconomic and International Trends Support
Market Sentiment: The overall market has recovered from the bottom in H1, with BTC driving a strong rebound in mainstream coins.
ETF Fund Flow: ETH ETF continues to receive capital injections, with a net inflow of approximately 106k ETH this week, indicating that institutional participation remains high.
Macroeconomic Policy and Geopolitics: Despite the ongoing turbulence in the Middle East, there is no expectation of short-term interest rate hikes from the Federal Reserve, and the stability of the dollar index and bond market creates a favorable environment for BTC/ETH.
5. Short-term Trading Strategy Recommendations
Bullish Volatility Logic: If the 15-minute close is above $2,460, then a long position can be entered for the short term, with a stop loss set at $2,420, targeting $2,500+.
Conservative Waiting Strategy: The current indicators still have a risk of a pullback, it is recommended to wait for the confirmation of MACD Golden Cross + KDJ Bottom Cross before entering a position.
Breakdown Bearish Strategy: If ETH breaks below the $2,400 support and the MACD levels off again, consider shorting opportunities, with the first take profit target at $2,372, and then at $2,350.
⚠️ Risk Warning: The analysis does not constitute investment advice. Please set your take-profit/stop-loss according to your own position and risk preference, and participate in the market rationally.
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Stock market information of Ethereum (ETH)
Ethereum (ETH) stock market information
🔍 ETH Today’s Short-term Trend Analysis (2372 → 2420 ↔ 2526)
1. Price Review and Trend Structure
2. Technical Indicator Interpretation
Hourly MACD
15 Minute EMA/SMA (5/13/34/55)
RSI & Stochastic (KDJ)
3. Key Support and Resistance Areas
If ETH holds steady in the $2,400→$2,420 range, it is likely to test and break through $2,460 again in the short term; on the contrary, a drop below support will test $2,372 for support again.
4. Macroeconomic and International Trends Support
5. Short-term Trading Strategy Recommendations