#Perptual Futures DEX Field Competition Today's Ethereum $ETH Analysis Report:


Since last night until this morning, the price of Ethereum has steadily risen from the 4128 area, reaching a high of 4234 before undergoing a technical adjustment, and is currently consolidating near the 4200 round number. Analyzing the four-hour chart, the price has successfully broken through the previous key resistance level and validated the effectiveness of the support level during the pullback process, with the overall structure showing a quite robust state.
From a technical perspective, the short-term moving average has formed a golden cross pattern, the Bollinger Bands are showing an expanding trend, and the price increase is accompanied by a simultaneous increase in trading volume. Multiple technical indicators collectively confirm the strong bullish trend currently in place.
Trading Advice:
Focus on the support range of 4080-4120 for long positions, with target price range between 4200-4350.
ETH4.54%
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)