ETH bottom reversal? Support levels have been solidified, bulls are lurking today, an explosion is imminent!

Family members, open your eyes and see clearly! Although ETH has fallen to around $2250 today, which looks a bit scary, this is clearly the main force violently “digging a pit”! The current market has exhausted selling pressure, and the bottom signal of the “golden pit” has already appeared.

The current market is specifically for those with courage to get in. Don’t wait for the price to rebound to $2300 to ask if you can chase; the current $2250 is the best ambush point!

ETH Market Bullish Depth Logic

4-hour chart: The price is now precisely stepping on the long-term strong support zone of $2230 - $2250. Notice that after touching around $2233, the candlestick quickly pulls back, leaving a clear buy shadow line. Although the short-term moving averages are under pressure, the 4-hour RSI has already entered the oversold zone. This serious technical oversell indicates that a strong rebound is imminent today!

1-hour chart: A clear bottom divergence pattern has already appeared in the short term. Although the price is bottoming out, the MACD green bars have already started to subtly shorten, and the fast and slow lines are showing signs of a “golden cross” at low levels. As long as $2240 is held and not broken, there is a high probability of a rebound confirmation today, regaining lost ground!

Today’s practical long strategy (no虚的, just do it!)

Opportunities are fleeting, open positions directly at the following levels, we only take the most stable part:

Direction: Long

Open method: Market order

Current market price: 2250

First take profit: 2272

Second take profit: 2295

Stop loss: 2216

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned