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After Ethereum's surge on Saturday and the high-level consolidation on Sunday, it is currently above the MA5 and MA10 moving averages on the 4-hour chart. The hourly chart is in a high-level upward movement, and the Bollinger Bands are opening upward. The short-term resistance level above is 4300, with the recent high point at 4332, secondary resistance at 4390, and strong resistance near 4430. The current market is experiencing a technical pullback after piercing the upper band of the Bollinger Bands. If the pullback does not fall below 4230, it will initiate the next round of rise, with support below at 4220, secondary support at 4175, and strong support at 4120.
ETH trading strategy: Focus on low longs Low long strategy: Open a long position near 4220, add to the position near 4120, stop loss at 4100, first take profit at 4325, second take profit at 4390
#ETH巨鲸增持