Yesterday, the姨太 surged past the 3300 integer mark but faced resistance and pulled back, with a low of around 3180. It then quickly rebounded back to the 3300 level, showing a clear non-continuous correction characteristic.
From the current market perspective, on the daily chart, the姨太 has completed its bottoming process and started a continuous upward rally. During the pullback after breaking through the upper Bollinger Band, the support within the box was not effectively broken. On the 4-hour chart, a stair-step upward structure is evident, with the middle Bollinger Band continuously moving upward. The pullback is weak and lacks continuity, representing a typical accumulation and upward trend pattern. As the bullish trend is established, it is advisable to continue with the correction!
The姨太 is expected to pull back around 3230-3180, with potential to rise to 3300-3400. $ETH #ETH走势分析
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Yesterday, the姨太 surged past the 3300 integer mark but faced resistance and pulled back, with a low of around 3180. It then quickly rebounded back to the 3300 level, showing a clear non-continuous correction characteristic.
From the current market perspective, on the daily chart, the姨太 has completed its bottoming process and started a continuous upward rally. During the pullback after breaking through the upper Bollinger Band, the support within the box was not effectively broken. On the 4-hour chart, a stair-step upward structure is evident, with the middle Bollinger Band continuously moving upward. The pullback is weak and lacks continuity, representing a typical accumulation and upward trend pattern. As the bullish trend is established, it is advisable to continue with the correction!
The姨太 is expected to pull back around 3230-3180, with potential to rise to 3300-3400. $ETH #ETH走势分析