On the weekend, the Ethereum price overall moved out of a period of consolidation and saw a slow upward trend. It peaked around 1829, then made a slight pullback below 1800 in the early morning. From the current chart, the price is trading near the Bollinger Band midline. In the short term, if it can successfully hold above the midline, there will still be a chance to continue the prior uptrend. The weekend trend was relatively choppy—although there was a breakout, it was quickly pressured back into a pullback. For ultra-short-term setups, you can participate with a brief long position near support.



Ethereum: 1784 long, target 1824, defense 30 points #btc #eth
ETH-0.03%
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