Ethereum's major structure is in a 5-wave upward movement, currently at the end of the 4th wave of consolidation, and there will be a 5th wave that will break new highs. The support for the small channel of the fourth wave is around 4000, while the support for the large channel on a larger time frame is around 3800.
Opening suggestion: Enter a low-leverage long position near 4000 with a light position.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
4 Likes
Reward
4
4
Repost
Share
Comment
0/400
PinkuChowdhury
· 09-25 06:57
Bitcoin and other cryptocurrencies were mixed to start the week as a U.S.-European Union trade deal settled nerves around global economic uncertainty. However, analysts at Cantor Fitzgerald are predicting Bitcoin could go as high as $1 million in the future.
Reply0
Yajing222
· 09-25 06:31
Refers to the historical new high. Exceeds 5000. Expected to be around 5400.
View OriginalReply0
FeiDuDuWzc
· 09-25 01:52
The 5th wave pump broke a new high, which new high is it referring to?
$ETH 9.25 ETH trend analysis Commander
Ethereum's major structure is in a 5-wave upward movement, currently at the end of the 4th wave of consolidation, and there will be a 5th wave that will break new highs.
The support for the small channel of the fourth wave is around 4000, while the support for the large channel on a larger time frame is around 3800.
Opening suggestion: Enter a low-leverage long position near 4000 with a light position.
#ETH走势分析 #以太坊合约