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#美国核心物价涨幅不及市场预估 Ethereum Market Observation on the Morning of January 16
Ethereum's recent trend is quite interesting. It has synchronized with Bitcoin, moving steadily upward along the moving average system on the four-hour chart. Although there have been some corrections, the short-term support line has not been broken. On the hourly level, the oscillating upward rhythm is very clear, and the bullish energy reserves are quite good—basically following the breakout pace of BTC.
From a technical perspective, there is still room for further upward movement at the current position. The short-term support points are well protected, giving bulls some room for operation.
• Reference Strategy
• Entry Range: 3260-3290
• Direction Bias: Enter long at the lows
• Reference Target: First target around 3360
Of course, market fluctuations always carry risks. It is recommended to adjust your position according to your own risk tolerance.