The rallying cry for ETH has sounded! Breakthrough 2400 tonight?

Brothers, today is May 4th, and ETH has reached a very delicate and critical turning point. The current market price is hovering around 2373.76. Don’t be fooled by the calm now; on the hourly and four-hour charts, there are already undercurrents brewing.

📊 In-depth Market Breakdown

1-hour chart (Pre-attack Prelude): ETH has just successfully withstood the resistance test at $2365. From a short-term perspective, the price is holding steadily above the 2370 level, and the MACD has already shown signs of a golden cross above the zero line. This indicates that the short-term bulls have taken control of the game and are gathering strength to launch a full assault on the 2400 mark.

4-hour chart (Bottom Reversal Confirmation): Previously, ETH found strong structural support around 2280. Currently, the candlesticks have broken through the four-hour downtrend line resistance, which is not just a rebound but more like the start of a new upward wave. As long as the pullback does not break below 2325, the overall trend remains bullish.

Veteran’s secret advice: The market sentiment is actually warming up now. Bitcoin is gathering strength around the 80k mark. Once BTC breaks through, ETH, as the second brother, will definitely follow suit with a rally. The chance of breaking through 2400 tonight is very high.

🚀 ETH/USDT Current Price Bullish Strategy

No need for fancy words, just the essentials—let’s go in at market price:

Position opening direction: Long

Suggested entry price: 2373.76 (Market order to open position)

First take profit (1%): 2397.50 (Close to the 2400 mark, take half the profit first)

Second take profit (2%): 2421.24 (Once it breaks through 2400, the sky’s the limit)

Strict stop-loss (1.5%): 2338.15 (Breaking below this means the hourly trend is weakening; cut losses to survive)

Brothers, pay attention: Trading is a marathon, don’t let a few minutes of volatility ruin your mindset. Strictly follow your take profit and stop-loss rules, and refuse to gamble everything. When you make money, remember to come back and give a thumbs-up to your brothers!