📣Ether has been in a long slump, accumulating strength for a big move. Will it continue to rise in the future? 📈

Recently, Ethereum has been positive in terms of news. The position of Blackrock's Ethereum ETF has exceeded 470,000 ETH, increasing the market's recognition of Ethereum. Currently, the trend is also following Bitcoin's rise. From the historical perspective of Bitcoin and Ethereum, Bitcoin has broken through 70,000, and Ethereum's trend is around 4,000. However, Ethereum has not yet reached the 3,000 level. From the current trend chart, Ethereum still has a lot of room for a significant upward correction!

【Analyzing the four-hour Ethereum price trend】

K-line pattern:

Recently, the K-line has shown a clear upward trend, especially since November 6th, when the price quickly rose from 2421.41 to 2921.79. In the 4-hour period, multiple bullish candles have appeared consecutively, indicating strong buying pressure.

Technical Indicators:

MACD: In the 4-hour period, the MACD histogram continues to be positive and gradually increases, and the DIF line crosses above the DEA line, indicating that the current market is in a bullish trend.

RSI: The RSI value is approaching 80, entering the overbought zone, but has not yet retraced, showing a strong upward trend.

EMA: The price is above EMA7, EMA30, and EMA120, and the short-term moving average is diverging upwards, further confirming the rise trend.

Trading Volume：

During November 6th to 8th, the Trading Volume significantly increased, especially when the price broke through the key resistance level, indicating active fund inflows. With the price rising, the Trading Volume remained high, supporting the current rise momentum.

11/8 Evening Ethereum Stable Short-term Profit Layout:

Suggest entering long positions around Ethereum 2900-2890, with short-term profit targets at 2940-2960. If the trend rebounds, the target will be above 3000!

If the pullback suggests to add more long positions near 2860, the target points are 2930-2960.

I hope more people can learn the ability to make money through me, see the opportunity to make money, and actually earn the desired returns $BTC $ETH#万圣节倒计时：抓紧最后机会，享$60,000惊爆福利 #比特币突破新高$75K，下一站$80K? #你目前持仓量最大的meme币是？ #BTC #ETH