Tong Ge ETH Public Outlook

$ETH Price steadily advances along the support of the 50-day and 100-day moving averages, with lows continuously rising and highs constantly refreshing. The overall trend is firmly controlled by the bulls, which is the most standard sign of a strong upward movement!
Every previous pullback was just a brief pause for consolidation and gathering strength during the rise. After resting, it immediately surged again, showing no signs of reversal or downward trend, a typical “bad news doesn’t cause a fall, good news accelerates” pattern.
The price is steadily moving along the upward channel. Even when small bearish candles appear occasionally, they are just minor shakeouts and consolidations on the way up, not signs of a top.
Each pullback is shallow and quickly reversed by strong capital inflows, a typical pattern of more gains than losses, with the bulls remaining strong. The trend is still in the consolidation phase, with no signs of a reversal.
Trading Strategy
Entry: 2340-2355
Stop Loss: below 2320
First Target: 2390
Second Target: 2420