ETH

ETH AI Trading (Date: 2025/04/14 02:01 UTC) decision background is summarized.

Daily Chart Analysis

Looking at the daily chart of Ethereum (ETH) over the past 300 days, it is clear that the price has been quite volatile. The price started in the 5 million won range, surged to the 5.8 million won range at one point, and is currently showing mixed trends in the 2.34 million won range. Throughout this process, several key support and resistance levels have emerged.

Analyzing through the MACD indicator, the recent signal line is trending downwards, indicating a sell signal. The RSI (Relative Strength Index) has entered the oversold zone below 30, but the overall momentum shows weakness. In the moving average (MA) analysis, the short-term line (50-day) continues to be suppressed below the medium-term line (100-day), suggesting the possibility of a continued downtrend.

Trend line analysis shows a similar trend. The trend line connecting recent lows and highs is declining, and if the downtrend continues without a strong price rebound, a test of the support line is expected. If the price drops below the support line of 2 million won, a significant decline is a concern.

Trading Perspective

Considering these factors, it is advantageous to consider a short-term sell position. A short-term sell may be more favorable than a long-term buy at the current price level, and a chase buy should only be considered if there is a rebound.

External Factor Analysis

There are several factors recently affecting the Ethereum market. First, there is a trend of tightening cryptocurrency regulations worldwide. In particular, issues with the U.S. SEC (Securities and Exchange Commission) have restricted institutional investors’ access, leading to price declines.

Second, due to concerns about a global economic recession, many investors are pulling funds from risk assets like cryptocurrencies. Recent interest rate hikes and inflation concerns have further intensified risk-averse tendencies.

Third, recent chain bankruptcy incidents have created anxiety among investors, negatively impacting the market. These external factors are contributing to lower prices of altcoins like Ethereum, and a sell strategy may be effective whenever there is a short-term uptrend.

In conclusion, the current market situation for Ethereum indicates that it is a time to consider a sell strategy to reduce holdings rather than seeking safe buying opportunities.