After midnight, Ethereum's overall trend continued at a relatively slow pace, with price action oscillating mainly around 2330, showing minor intraday probes but limited overall volatility. Subsequently, early morning provided a small pullback that touched 2305 below, with the market mostly consolidating within the current range, and short-term direction not fully emerging. From a technical perspective, during the early morning hours neither bulls nor bears showed obvious volume expansion, market sentiment remained relatively stable, primarily involving position rotation after the previous round of rebound. Reviewing yesterday's overall layout, Ethereum's long positions built around lower levels continued at a good pace; although the trend lacked particularly strong unidirectional continuation, directional judgments still received confirmation from the chart. In trading, what truly matters often isn't whether the move is big, but maintaining patience and conviction in direction when momentum slows.



From the 1-hour level, the moving average system remains in an upward trajectory, with price continuously trading near short-cycle moving averages. While short-term reversals are frequent, the overall structure hasn't broken key support, indicating current technical consolidation following the rally. On the 4-hour level, price action remains above the midline, with the structure of higher lows intact, and mid-cycle bullish structure continuing to extend—though the 2335–2350 zone above presents some resistance requiring digestion through oscillation. Looking at daily structure, the overall rebound pace has yet to conclude, with daily candle bodies maintaining within the rally channel and support still present below. Therefore, subsequent operations should maintain a clear bias toward buying on dips as the primary approach, avoiding chasing shorts. Key focus remains on support near 2310; as long as this level holds without effective breakdown, there remains room to continue testing former highs, with the bullish pace temporarily unfinished. #比特币站上7.5万美元 $ETH
ETH0,71%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin