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Crypto Circle Li Ying: The bullish attack horn sounds on April 11! Ethereum breaks above 2200 and pulls back; this is the last chance to buy! Latest market analysis and trading suggestions
Family! Ethereum is currently at 2237, in the mid-acceleration phase of a strong breakout channel. It has been climbing strongly along the middle band of the Bollinger Bands, and after a volume breakout past the psychological level of 2200, it reached a new high of 2273, now pulling back near 2237 to confirm a bullish retracement. The Bollinger Bands are opening upward, with the upper band at 2237 nearly coinciding with the current price, and the lower band at 2160 serving as a strong support zone. The MA7 and MA30 are in a bullish alignment, indicating a strong medium-term trend. The MACD lines are running high, with the red histogram expanding, showing abundant momentum, and indicating that the bulls still dominate the market.
The price is currently in the upper half of the Bollinger Bands, closely following the upper band, but no divergence or volume stagnation has appeared, suggesting that the upward momentum has not yet exhausted. Although the MACD indicator is at a high level, the two lines have not shown a death cross, and the red histogram continues to expand, indicating that bullish sentiment remains high. Volume has modestly increased after breaking above 2200, showing continuous capital inflow and strong market enthusiasm for chasing gains. The MA120, as a long-term trend anchor, has been effectively stabilized, and the medium-term trend has not reversed, so Li Ying's outlook is correct; the market is expected to continue upward as anticipated.
Short-term practical strategy (Li Ying personally teaches, precisely aligned with the market)
Long position idea: Hold at 2210-2220, stop loss at 2180, target 2270 aiming for 2320 (main long)
Short position idea: 2280-2300, stop loss at 2330, target 2220 aiming for 2180 (cautious short)
The market will always reward those who respect the trend and strictly follow the rules!
Note: The above analysis is based solely on technical logic by Li Ying and does not constitute investment advice. The market carries risks; invest cautiously. $ETH