ETH

Recently, the situation in the Middle East continues to affect the precious metals market, ETF demand has gradually warmed up, and gold has also fallen below the 5000 mark. Some funds have rotated into the crypto market, and over the past week, a strong eight-day winning streak has emerged.
Currently, the early morning saw a large bullish candle rallying towards 2400 without success. Although there is a need for short-term pullback, the magnitude won't be too large, and both the bottom and top levels are moving up simultaneously. Before the trend changes, if this red zone can hold firmly, the next target of 2400 - 2600 can be expected.