After Ethereum's price tested a key support level, it has entered a continuous upward rebound pattern, strongly breaking through and firmly standing above the middle band of the Bollinger Bands, with the effectiveness of the support being fully validated.
The current fluctuation is not a sign of weakness but rather a typical manifestation of upward momentum accumulation. Moving forward, we must pay close attention to the sustainability of the mid-track support. Once the volume cooperates and breaks through the upper pressure level, it will signal the start of a new wave of market activity.
ETH: Buy in the range of 4150 - 4100, looking up to 4350, long-term target can be 4600. #GatePerpDEX正式上线
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#ETH 9.30 ETH intraday analysis
After Ethereum's price tested a key support level, it has entered a continuous upward rebound pattern, strongly breaking through and firmly standing above the middle band of the Bollinger Bands, with the effectiveness of the support being fully validated.
The current fluctuation is not a sign of weakness but rather a typical manifestation of upward momentum accumulation. Moving forward, we must pay close attention to the sustainability of the mid-track support. Once the volume cooperates and breaks through the upper pressure level, it will signal the start of a new wave of market activity.
ETH: Buy in the range of 4150 - 4100, looking up to 4350, long-term target can be 4600. #GatePerpDEX正式上线