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$ETH April 24th, ETH's momentum remains relatively strong
I checked the market this morning, and overall Ethereum is still following the broader market's strength, with the bullish structure temporarily intact. After yesterday's rebound, today's slight pullback looks more like technical correction, and support levels are still holding.
From my market intuition, this is not a sign of a weakening trend, but rather a normal shakeout during an upward process. Both the daily and four-hour structures remain intact, with moving averages continuing to diverge upward, indicating that market sentiment has not turned significantly bearish.
I personally pay more attention to the support feedback around 2300–2320. If the pullback is supported by steady volume, the probability of continuing to test higher levels around 2380–2400 remains quite high.
Many traders often like to chase the rally, but those who truly profit are usually the ones waiting for a pullback confirmation before assessing the next move.
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