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April 24th, Friday — Morning Light, Hidden Edge of Zangfeng; Ethereum Calmly Waits to Break the Grid
Morning glow disperses the mist, and the market’s rise and fall follows its own order. Yesterday, Ethereum continued its oscillating upward pattern. The market alternated between yin and yang, steadily consolidating. In the short term, pullbacks clear out floating positions; support below is solid and remains unbroken, with no signs of large retracement or weakness. Price repeatedly consolidates in a high range to build strength, absorbing short-term selling pressure, accumulating upward momentum, and throughout the whole process the bullish-dominant pattern is clear—laying a firm foundation for the next wave of higher price surges.
On the daily timeframe, consecutive green candles hold steady; the bullish structure is complete and solid. The price action is calm yet highly resilient, and buying power keeps strengthening. On the 4-hour cycle, high-level consolidation and adjustment continue: each time price pulls back, it is quickly recaptured, and the bearish candle is immediately followed by a bullish candle that “engulfs from behind,” showing extremely strong follow-through from below. The current sideways movement is merely a technical pause for strength-building, not a trend reversal; overall, the upward direction has not changed in the slightest.
For Friday morning, Ethereum: place long orders in batches within the 2280-2260 range, with a stop loss below 2250. The first target is 2450; after an effective breakout, look toward the 2480-2500 range.
As worldly affairs go, so goes the market—fluctuations are ordinary. High-level consolidation does not change the long-term bullish trend. We quietly wait for strength to build and break through. Only by following the trend can one move steadily and reach far, without wasting time. $BTC #加密市场行情震荡