#美国非农就业数据表现强劲 $ETH has been performing quite well recently. After stabilizing above $2880, Ethereum has been steadily breaking through resistance levels and has now successfully surged past $2955, indicating a bullish sentiment.
From a technical perspective, on the hourly chart, the price is closely hugging the upper band of the Bollinger Bands, and the MACD has formed a golden cross above the zero line. Trading volume has also been gradually increasing. This combination of signals suggests that short-term buying momentum is quite strong. If the price can continue to hold above the $2950 support level, the next target is likely to be in the psychological range of $2980-$3000.
What’s more noteworthy is the change in market structure. The 4-hour chart has formed a classic "Morning Star" bullish pattern, and the price has re-ascended above key moving averages, indicating that the overall trend remains positive. Recently, the funding rate has shifted from negative to positive, reflecting a quick market recovery after previous data shocks, with bullish funds quietly regrouping. The daily upward channel remains intact, and the larger pattern has not been broken.
In terms of trading logic, focus on the support zone between $2930 and $2950, which is suitable for long positions on pullbacks. Once a clear breakout above $2980 occurs, it is likely to accelerate towards testing the resistance levels of $3020-$3050. For risk management, it is recommended to place stop-loss orders below $2900. If the price pulls back without breaking below $2920, the short-term bullish structure can still be maintained. Keep an eye on the sentiment transmission after the US stock market opens.
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#美国非农就业数据表现强劲 $ETH has been performing quite well recently. After stabilizing above $2880, Ethereum has been steadily breaking through resistance levels and has now successfully surged past $2955, indicating a bullish sentiment.
From a technical perspective, on the hourly chart, the price is closely hugging the upper band of the Bollinger Bands, and the MACD has formed a golden cross above the zero line. Trading volume has also been gradually increasing. This combination of signals suggests that short-term buying momentum is quite strong. If the price can continue to hold above the $2950 support level, the next target is likely to be in the psychological range of $2980-$3000.
What’s more noteworthy is the change in market structure. The 4-hour chart has formed a classic "Morning Star" bullish pattern, and the price has re-ascended above key moving averages, indicating that the overall trend remains positive. Recently, the funding rate has shifted from negative to positive, reflecting a quick market recovery after previous data shocks, with bullish funds quietly regrouping. The daily upward channel remains intact, and the larger pattern has not been broken.
In terms of trading logic, focus on the support zone between $2930 and $2950, which is suitable for long positions on pullbacks. Once a clear breakout above $2980 occurs, it is likely to accelerate towards testing the resistance levels of $3020-$3050. For risk management, it is recommended to place stop-loss orders below $2900. If the price pulls back without breaking below $2920, the short-term bullish structure can still be maintained. Keep an eye on the sentiment transmission after the US stock market opens.