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Attention, the ETH bulls’ horn is about to sound!
ETH’s current price is 1781. After dipping to a daily low of 1772, it quickly regained the lost ground. The buy orders below are strong, and the 1770-1780 support zone has been confirmed as effective!
Although today saw a net outflow of 107 million, trading volume is as high as 3.8475 million lots, indicating intense turnover between bulls and bears and a clear weakening in the bears’ dumping pressure, with chips moving from weak hands to strong hands.
On the 15-minute timeframe, signs of a sell-off stalling and stabilizing have already appeared. Once it stabilizes above 1780, the upside target will point directly to the previous high of 1848!