For four hours, and even over the past hour, the Ethereum price has been in a broad rising channel. Trading volume and indicators are diverging, but the price is still pushing higher. The main reason is that the market currently has no major downside catalysts; even the broader markets are maintaining a trend of consolidation and upward movement. So, for now, it is staying at high levels. From the perspective of a larger cycle, pay attention to the reversal starting point of the June 2行情 and the key resistance at the 120-day line, around the 2000 level. Even if it breaks upward from here, the room to go higher is limited. In the short term, it is bullish; at a larger timeframe, it is still bearish. Buy in batches #Gate事件合约首发狂欢