Ethereum's price performed well on the four-hour chart at midnight today, just breaking through a key resistance level, and during the subsequent pullback, it effectively stabilized, indicating strong support at this price level.



From the technical indicators, the moving averages have shown a golden cross signal, the Bollinger Bands continue to open upward and diverge, and most importantly, the trading volume has increased along with the price rise. The overall pattern demonstrates a strong bullish momentum.

In the short-term strategy, it is recommended to go long within the 2920 to 2950 range, with a stop-loss set at 2880. If the upward momentum continues, focus on the resistance zones around 3040, 3150, and 3270.
ETH-0,04%
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GasFeeAssassinvip
· 10h ago
Golden cross + Bollinger Bands opening, this move definitely has some substance, finally no more sideways trading.
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AirDropMissedvip
· 10h ago
It's both a golden cross and Bollinger Bands again. Every time you say this, what's the result? Isn't there enough face-slapping?
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DefiSecurityGuardvip
· 10h ago
ngl, all that "golden cross" and "bollinger band divergence" talk sounds nice until you realize most of these setups are literal honeypots waiting to dump. seen this exact pattern 47 times this cycle alone. DYOR fr fr, not financial advice but... those entry points? classic MEV target zone. watch out for smart contract vulnerabilities before yoloing into anything tbh
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FloorPriceNightmarevip
· 10h ago
Golden cross + increased volume, this move is quite interesting, finally not a repetitive market anymore.
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MEVHunterZhangvip
· 10h ago
Wow, this golden cross is really powerful. As long as the volume keeps up, I dare to chase. --- It's a moving average golden cross again and a Bollinger Band divergence. How many times can this trick fool me? --- Entering a long position at 2920? I always feel like this is a trap, brothers. --- The key is that the volume is catching up; otherwise, it's all虚的 to be honest. --- Can the 3270 resistance really absorb this wave of上涨? It's a bit悬. --- Stability at support is good news, but don't get too excited; we're only at the beginning. --- The bullish momentum is bullish momentum, but don't forget, it said the same last time. --- I'm more concerned about whether the defense at 2880 is稳不稳 than whether we can突破 3040.
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