Technically, the daily and 4-hour charts are still in an uptrend, but MACD momentum shows divergence, and a short-term pullback pressure may occur. However, the overall bullish structure remains intact. It is still recommended to focus on buying on dips during operations.
Ethereum can wait for a correction to the 3120-3080 range to establish long positions, with targets of 3220-3260. If a rebound reaches the target area and faces resistance, then a short position can be taken against the trend, aiming for around 3160. $BTC $ETH $LTC
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Technically, the daily and 4-hour charts are still in an uptrend, but MACD momentum shows divergence, and a short-term pullback pressure may occur. However, the overall bullish structure remains intact. It is still recommended to focus on buying on dips during operations.
Ethereum can wait for a correction to the 3120-3080 range to establish long positions, with targets of 3220-3260. If a rebound reaches the target area and faces resistance, then a short position can be taken against the trend, aiming for around 3160. $BTC $ETH $LTC