Ethereum, from the daily chart perspective, is currently experiencing a 4-day bullish line series, consecutively breaking through the high point resistance level. The daily chart has directly broken through the high point of around 4200. At the weekly level, it is currently forming a bullish belt hold. If it pulls back without breaking the 4200-4100 price range, it is expected to rise again and test the historical high points of 4500-4800. In terms of operation, it is advised to abandon the short order strategy and follow the long positions for trading.
ETH: 4290 or more, add long positions at 4030 on pullback, target 4500/4600
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Ethereum, from the daily chart perspective, is currently experiencing a 4-day bullish line series, consecutively breaking through the high point resistance level. The daily chart has directly broken through the high point of around 4200. At the weekly level, it is currently forming a bullish belt hold. If it pulls back without breaking the 4200-4100 price range, it is expected to rise again and test the historical high points of 4500-4800. In terms of operation, it is advised to abandon the short order strategy and follow the long positions for trading.
ETH: 4290 or more, add long positions at 4030 on pullback, target 4500/4600