On the weekly chart, Ethereum’s rise this week does look very similar to the explosive rally in May last year: both formed bottoms near 1500, followed by several weeks of consolidation and then an explosive surge on a huge-volume bullish candle. This rally is also expected to end with this week’s large bullish candle, followed by several weeks of consolidation. The weekly resistance level is 2500, while support is at 2200. There will be a pullback during the consolidation process, with a retracement to key levels expected next week. Positions can be built on dips#BTC突破$75000

ETH4.44%
BTC8.12%
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Don’tDisturbTheOldMan’sDao
· 1h ago
Teacher, do SanDisk and SK hynix still make it?
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LoveToGetRich
· 1h ago
Go long?
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