Ether Thought:



Ether is currently oscillating around 3984. From a technical perspective and the movement of funds, the main cryptocurrencies are on the verge of a rebound.

4-hour level: The price has broken through the upper edge of the previous fluctuation range (continuously rising after 3900, MA7 (3949) has crossed above MA30 (3903) forming a golden cross, and the MACD red bars continue to expand, indicating a clear signal for funds to enter.

Daily level: Strong rebound from the low of 3400, currently approaching the previous high of 4026 near 3984; the KDJ indicator has crossed upwards, if it breaks the previous high, the upward space will be completely opened.

Suggestion: Enter long positions in the 3960-3970 range, targets: 4000, 4200!
ETH2.64%
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