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ETH Afternoon Trading Suggestion
From the 1-hour trend perspective, ETH completed a phase pullback near 2005 and showed a significant rebound, successfully breaking through the upper end of the previous consolidation range. The price quickly rallied to around 2148, with the short-term structure shifting from consolidation to a breakout uptrend. Currently trading near 2100, bullish momentum has clearly strengthened, and the market has entered a short-term strong phase.
MACD has formed a golden cross with shrinking red bars, indicating bullish momentum is increasing and the market is entering a sustained uptrend rhythm.
RSI is currently trading around 65, with market sentiment clearly biased to the upside, but has not yet entered extreme overbought territory, leaving room for further upside movement.
After breaking through the 2085 resistance, the price rallied to rapid oscillation near 2117. From a technical perspective, the MACD golden cross and RSI maintaining above 60 indicate clearly strengthened short-term bullish sentiment. Currently, the 2100–2080 zone has formed new support, while 2150–2180 above enters the next phase resistance zone.
Trading Suggestion: Long on dips in the 2060–2080 range
Target: Around 2160
If the price fails to break above 2150, it may oscillate within the 2100–2150 range in the short term; however, if it breaks through 2150, upside space will further expand.
#ETH