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7.27 ETH around 1960, $ETH , stop 1980, target 1930/1900.
Looking at ETH on the 1H chart, after forming a bottom around 1846 in the early stage, it rebounded strongly, breaking through the 1900 and 1930 resistance levels consecutively, and has hit a high near 1966.
After a short-term spike, there was a pullback, but the price still remains above the short-term moving averages. The long bias structure has not been broken, and 1930 has become the key support.
On the news front, the market continues to focus on expectations for Federal Reserve policy and on fund inflows. ETF fund flows have been improving recently.
Institutional buy orders support market sentiment, but chasing at high levels still needs caution.
In my 9-year trading career, I’ve been through multiple cycles of bull and bear markets—I only take deterministic opportunities.
The more chaotic the market is, the more it tests a trader’s execution and patience.
Real profit doesn’t come from guessing correctly every time; it comes from maintaining the right trading habits over the long term. #ETH
ETH’s price has finally reclaimed the important psychological level: above $1,900.
This is a long-awaited momentum for many traders and investors.
This rise indicates a return of positive sentiment in the altcoin market.
Many analysts are now predicting a short-term bullish trend for the Ethereum ecosystem.