Detailed analysis of Ethereum trends and suggestions for sound trading strategies (April 10th):

The 4-hour chart shows a strong bullish candlestick with the closing price near the high, indicating strong buying power. However, previous candlesticks showed long upper shadows around 2246.15, indicating selling pressure in that area. The daily chart shows a large bullish candlestick on April 7th, followed by long upper shadows on April 8th and 9th, indicating significant resistance in the 2250-2270 range, hindering the bulls' upward momentum. Analysis of the 4-hour technical indicators: MACD (4-hour): The DIF line (21.71) is below the DEA line (26.07), and the MACD histogram is negative (-8.72), but the value is converging (from -11.20 to -8.72), indicating weakening bearish momentum and potentially a short-term upward rebound. RSI (4-hour): The RSI value is 59.46, in the neutral zone, but approaching the overbought zone, indicating strengthening buying power. EMA (4-hour): The price (2210.63) is above the EMA7 (2195.63), EMA30 (2164.19), and EMA120 (2112.96), and the EMAs are in a bullish alignment (EMA7>EMA30>EMA120), indicating an upward trend in the short, medium, and long term. EMA7 serves as immediate support. Ethereum Trading Recommendations: Short Position Strategy: It is recommended to enter long positions around 2190-2200 for Ethereum, with a target price of 2230-2260 and a stop-loss at 2160! Strategies are time-sensitive; implementation will primarily rely on free guidance.