Ethereum follows Bitcoin's rebound, continuing the bullish trend



From the four-hour K-line chart since early yesterday morning, Ethereum has perfectly followed Bitcoin to form a rebound rally. After yesterday's pullback to the middle band of the Bollinger Bands to confirm support, it started a sideways upward movement, with the price reaching a high of around 2381 in the morning, then pulling back to around 2346 for a high-level consolidation. Overall bullish sentiment has been fully ignited, with good volume support, showing a standard one-way upward pattern.

The higher-level bullish trend is very clear, and Ethereum is in a rebound rally. Every pullback is an opportunity to enter long positions.

Go long directly around 2310, with the first target at 2390, and break above to look at 2450.
$BTC $ETH
ETH0.06%
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