Market Review:


Early this morning, Ethereum surged strongly from $1985 to the $2050 level, then pulled back slightly, currently trading around $1995 within a range of volatility. This rise followed by a correction is a natural technical adjustment after reaching a new high. Our buy strategy from last night closed successfully, as the price stayed above $1990, confirming buying interest from the downside. After a brief pause, buying pressure still dominates the market.

Technical Analysis:
On the four-hour chart, as long as the main support level at $1980 remains intact, the rebound structure from $1920 remains valid. This upward move successfully lifted the position from around $1950 to nearly $2000, forming a clear ascending pattern. On the four-hour chart, a golden cross signal has formed on the MACD indicator, and the RSI has risen after testing the midline, indicating that upward momentum has not exhausted. The price is now testing the EMA30 pressure. Once it stabilizes above $2000, more room for upward movement will open.

Trading Tips:
Today, focus on the support zone between $1980 and $1990. As long as the price remains above this area, the market is still in a bullish oscillating pattern dominated by buying. Any confirmation of support is a good opportunity to enter buy positions. The upper targets are towards the first resistance at $2030 and the peak at $2050. If the price can break through the $2000 level with high trading volume, buyers are likely preparing to attack the $2100 level.
ETH0,96%
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CryptoHaoGevip
Market Review:
In the early hours, Ethereum surged strongly from $1985 to the $2050 level, then slightly retreated, currently oscillating around $1995. This rebound after reaching a new high is a normal technical correction. Our long position strategy laid out last night has already taken profit smoothly. The price holding above $1990 confirms the buying interest below. After a brief pause, the bulls still hold the initiative.

Technical Analysis:
On the four-hour chart, as long as the key support at $1980 is not broken, the rebound structure starting from $1920 remains intact. This rally successfully shifted the focus from around $1950 to near $2000, forming a clear stepwise upward pattern. The MACD has just formed a golden cross on the four-hour timeframe, and the RSI has rebounded after testing the midline, indicating that upward momentum has not faded. The price is testing the EMA30 resistance. Once it stabilizes above the $2000 level, the upside space will further open.

Trading Suggestions:
Today, focus on the support zone of $1980-$1990. As long as the price stays above this area, the market remains in a bullish-controlled oscillation upward pattern. Every confirmation of support is a good entry point for longs. The first resistance targets are $2030 and the previous high at $2050. If a volume breakout occurs above the psychological $2000 mark, bulls are likely to gather strength and launch an attack toward $2100. #Gate2月透明度报告 $ETH
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Moathalmahdivip
· 2h ago
Atmosphere 1000x coming 🤑
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TheMethodOfProfitDefeatsFearvip
· 4h ago
Unable to rise, as if tempting.
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Moathalmahdivip
· 5h ago
Hold tight to 💪
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Moathalmahdivip
· 5h ago
Go full throttle 🚀
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Moathalmahdivip
· 5h ago
Bullish market at its peak 🐂
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