$ETH Crypto Circle Academician: April 4th Ethereum Daily Bottoming Pattern, 4-Hour Volatility, Key Entry Points for Bulls and Bears! Latest Market Analysis and Strategy Reference

Ethereum current price is 2045. Recently, the second-ranked coin's trend, to be straightforward, is a long-term bottoming process with short-term oscillation. Retail investors are quite confused. From the daily chart, it just climbed up from a low of 1736 and hasn't fully shaken off the residual bearish momentum; on the 4-hour chart, it’s fluctuating back and forth between 2000 and 2100, neither side has a clear advantage. Many are debating whether to buy the dip or short now. The core is whether the key support and resistance levels can hold. Today, I will combine two charts to explain the market logic and entry points clearly, so even beginners can understand.

The daily chart is overall in a bottoming oscillation and recovery phase. Regarding moving averages, MA20 and MA30 still act as resistance above the price, while MA60 coincides with the current price, serving as a dividing line between bullish and bearish. The MACD indicator’s green bars are gradually shrinking, with DIF and DEA converging, indicating diminishing downward momentum and the potential for a golden cross, which suggests the selling pressure has largely been released. The middle band of the Bollinger Bands at 2117 is a strong resistance, and the lower band at 1923 is a strong support. The price is operating in the lower-middle part of the Bollinger Bands, in a bottoming phase, waiting for a volume breakout to open up upside potential.

The 4-hour chart shows a narrow-range, slightly weak oscillation. The moving average system is converging and turning downward; MA20, MA30, and MA60 are all above the price, creating resistance to rebounds, indicating short-term rebound strength is limited. The MACD green bars are slightly expanding, with increased downward momentum, suggesting possible further decline support. The middle Bollinger Band at 2081 is a resistance level, and the lower band at 2010 is a support level. The price is operating near the lower middle of the Bollinger Bands, with a directional decision imminent. Focus should be on whether the price breaks through key levels.

Short-term reference: (Practical data has been updated. For details, consult the author.)

Below 2010 to 2020, go long, stop loss at 1980, target 2080 to 2120

Above 2080 to 2100, go long, stop loss at 2130, target 2020 to 2000

Specific operations depend on real-time market data. For more information, contact the author. The article may have delays; use for reference only. Risk is on the user. #加密市场行情震荡