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Ethereum’s four-hour pullback is completed—bulls’ counterattack is about to ignite!
The four-hour timeframe clearly shows a complete “breakout - pullback - confirmation” cycle. After the price surged strongly, it’s now undergoing a technical pullback, and this is the key moment to accumulate energy for the next big uptrend.
A healthy retracement, strength building for takeoff, key support confirmed: the price precisely retraced to the 2280-2300 support zone. Not only is this the breakout platform from the earlier move, it’s also the convergence area where the four-hour Bollinger Bands middle band and the MA30 moving average resonate. This gathering of multiple supports creates an extremely strong defensive position.
Go long directly near 2260. First target: 2350. If it breaks through, look for 2460.
$BTC $ETH #布伦特原油持续走强