8.21 ETH long around 2320, stop-loss at 2290, targets 2380/2420



ETH accelerated strongly on the 1H chart, breaking through previous resistance levels consecutively and reaching around 2381 at its highest. It is currently consolidating at elevated levels. Short-term moving averages continue to trend upward, and the bullish structure remains intact. However, after the consecutive rally, it is not suitable to blindly chase highs. It is safer to wait for a pullback and confirmation before entering.

On the news front, the U.S. continues to release crypto-friendly signals, and with risk appetite recovering, ETH has clearly strengthened in this move.

However, tensions between the U.S. and Iran are still developing, and oil prices continue to rise. If geopolitical developments suddenly change, the market could see a sharp wick at any time.

After 9 years of trading, true experts never chase every move. They know when to wait.

The more profitable the market, the more discipline you need. $ETH #ETH
ETH5.91%
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GateUser-b3a6e883
· 3h ago
Just send it 👊
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Mr.LV
· 3h ago
😀😏😀😏😀😏😀😏😀😏😀😏😀😏😀😏😀😏😀😏😀😏😀😏😏😀
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GateUser-c08c5c8b
· 4h ago
You’re bullish again.
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