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After the support at 2920-2950 has been validated, there is already a profit margin of more than 500 points. As far as I know, many partners have also entered a position, and the returns are quite remarkable!
Currently, Ethereum has a larger and broader space compared to Bitcoin, with speculators, liquidity, whales, and so on continuously flowing into Ethereum. From a technical indicator perspective, the MACD histogram continues to grow longer, and the bulls are more assertive. The KDJ indicator value is 22, with a crossover of the golden cross and death cross showing a neutral position. In the short term, Ethereum has seen a rise of up to 17% in just 3 days, and it is highly likely to pull back slightly before rebounding!
After consolidating with accumulation, continue to push above the 4000 level. The area around 3180-3100 will be the breakout retest confirmation point. Below 2950, keep holding long positions to break even.