Zhang Lihui168118 Eastern Eight Zone, September 1, 2026, 00:31 (UTC+8) Editor: Ethereum Market Analysis and Trading Suggestions:
After Ethereum's price declined below 2400 the night before last, it has once again shown signs of recovery, with the short-term K-line supported by the EMA300 on the 1-hour chart. Currently, it is testing resistance at the MA180 and the upper band area. In the short term, the price remains oscillating within a narrow high range, and there is no clear sign of a breakout upwards;
On the 4-hour chart, the Bollinger Bands are narrowing, with the upper band compressing below yesterday’s early morning high; the lower band is also narrowing, forming short-term bullish support with the EMA60. KDJ and RSI are turning upwards near oversold territory, indicating there is still some upward room. The fast and slow lines have been contracting actively in recent days but have not yet achieved a golden cross. In the short term, the main strategy remains to prioritize selling at highs. It is still recommended to pay attention to entries below the previous high resistance; if the EMA60 at the bottom and the first support area at the previous low remain unbroken, consider short-term long entries. If broken, it may turn into a daily dead cross rhythm, focusing on the second support at the overlapping MA300 and EMA300 levels;
Today’s long trade suggestion for Ethereum: light long below 2340, stop loss below 2300, target 2400-2470;
Today’s short trade suggestion for Ethereum: light short above 2490, stop loss above 2560, target 2410! If 2400-2380 is broken, can continue to hold to below 2340! For specific short entry opportunities, follow Lihui’s real-time thread updates!
I, Lihui, interpret major world economic news, analyzing major trends in the global crypto market. During my studies in the US, I conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL and other coins. For those who do not know how to operate, feel free to comment and leave messages!
