ETH Morning View:


Ethereum in the morning is moving in tandem with Bitcoin, oscillating and consolidating at high levels, accumulating strength within the range to shake out weak hands. The overall bullish trend remains steady, with no signs of trend reversal for now.

The market is oscillating around the central pivot point, with bulls and bears in relatively balanced competition. Resistance above is heavy in the 2390-2410 range, while key support below is at 2330-2350.

On the four-hour chart, volume has decreased, and the bearish momentum remains insufficient. Technical indicators are recovering from low levels, mainly consolidating and resting in the short term. The daily uptrend channel remains intact, with multiple moving averages providing support; pullbacks and dips are opportunities for low-position longs.

Trading strategy:
Gradually build long positions at 2350-2370.
Target:
2400-2450$ETH
ETH-0,98%
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