ETH is in a consolidation phase within the medium-short-term trend— the 4-hour chart still shows an upward trend, but the daily chart shows resistance + bearish divergence + increased volume on decline, indicating that it is not a straightforward rally but a trend mixed with oscillations and small pullbacks at any time. The 2285 level is a recent key support; if broken, the 4-hour trend may be invalidated. Resistance above is around the 2380-2400 zone. If you are looking for trading opportunities, it is not recommended to chase the current rally; wait for a pullback and stabilization before considering a more secure entry.

ETH0.48%
View Original
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
Add a comment
Add a comment
No comments
  • Pin