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Bitcoin takes off, Ethereum follows suit! Bullish sentiment warms up, waiting for a rebound!
From the chart, yesterday Ethereum steadily declined to around 2237.05, creating panic sentiment, then the bulls quickly counterattacked, forming a full-bodied bullish candlestick.
The four-hour Ethereum chart shows that after touching the low near 2237, the price stabilized and rebounded, currently above the middle band of the Bollinger Bands, with the MACD green bars shortening, and the KDJ indicator diverging upward, indicating a short-term trend shifting from weak to strong.
Go long around 2280 directly, with the first target at 2350, and break above to look at 2430. $BTC $ETH