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April 5th Double Coin Market Analysis📉
Latest Price: 2057, 24-hour Increase: 0.45%
24h Volatility Range: 2043 ~ 2083
24h Trading Amount: 28.01E, Trading Volume: 136.10W
Moving Average Analysis:
The price has broken above MA7, which is a technical rebound after a decline, but MA7 is still trending downward, so the rebound is a weak one
Core Logic:
MA25 continues to fall, and the price has not broken through; the medium-term bearish trend dominates
During the rebound phase, trading volume has not continued to expand; the willingness of funds to chase higher is weak, and the rebound height is limited
MA25, the previous trading range, and the 24h high form a multiple-pressure resistance zone, making rebounds difficult
The daily timeframe is still in a high-level range-bound consolidation and adjustment; short-term rebounds are unlikely to change the medium-term range-bound pattern
Trading Suggestions:
Short at 2060-2065 on the rebound
First target: 2055
Second target: 2049
$ETH