加密货币周期
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Ethereum (ETH) Faces Severe Selling Pressure at This Critical Level
Last weekend, influenced by geopolitical turmoil, ETH approached the $2,100 mark, but with President Trump announcing a ceasefire between Israel and Iran, coupled with funds flowing back into the US spot Ethereum ETF, market optimism resurfaced. Currently, ETH has broken through the $2,400 mark and is experiencing new bullish momentum.
At present, ETH is once again testing its 50-day Exponential Moving Average (EMA), which has been a key turning point for this asset. With renewed attention from traders and growing market expectations, breaking through this critical resistance level could lay the groundwork for a significant rebound.
According to a recent analysis by CryptoQuant, if ETH can close above the $2,500-$2,600 range on a daily basis, it may pave the way for a short-term rebound to the $2,800 resistance level, with the next target potentially being $4,000.
The current trend aligns with previous patterns, sparking optimism for a potential rebound. However, the 50-week moving average remains an important resistance area, and breaking through this resistance area could signal a more explosive upward trend.
Nevertheless, broader market risks still exist, as ongoing geopolitical tensions involving the US, Israel, and Iran continue to introduce volatility into the cryptocurrency market.
Meanwhile, the latest analysis from Bitcoinsensus further corroborates the increasingly bullish outlook. The analysis indicates that Ethereum is entering the final phase of its four-year market cycle, which is also the most "explosive" phase.
This study compares the current market conditions with the bull markets of 2017 and 2021, highlighting the time consistency pattern that exists between market peaks. At the same time, the current price movement of Ethereum also shows signs of accumulation and breakout structures similar to past performance.
Although past performance does not guarantee future results, Bitcoinsensus points out that cryptocurrency cycles often exhibit similar rhythms, suggesting that the market peak in 2025 may be closer than expected.
Overall, Ethereum is under pressure at key resistance levels, but market bullish sentiment and cyclical analysis suggest a potential breakout may occur. However, investors should remain vigilant to the impacts of geopolitical factors and be prepared for risk hedging.
#以太坊市场分析 #ETH价格走势 #加密货币周期
Last weekend, influenced by geopolitical turmoil, ETH approached the $2,100 mark, but with President Trump announcing a ceasefire between Israel and Iran, coupled with funds flowing back into the US spot Ethereum ETF, market optimism resurfaced. Currently, ETH has broken through the $2,400 mark and is experiencing new bullish momentum.
At present, ETH is once again testing its 50-day Exponential Moving Average (EMA), which has been a key turning point for this asset. With renewed attention from traders and growing market expectations, breaking through this critical resistance level could lay the groundwork for a significant rebound.
According to a recent analysis by CryptoQuant, if ETH can close above the $2,500-$2,600 range on a daily basis, it may pave the way for a short-term rebound to the $2,800 resistance level, with the next target potentially being $4,000.
The current trend aligns with previous patterns, sparking optimism for a potential rebound. However, the 50-week moving average remains an important resistance area, and breaking through this resistance area could signal a more explosive upward trend.
Nevertheless, broader market risks still exist, as ongoing geopolitical tensions involving the US, Israel, and Iran continue to introduce volatility into the cryptocurrency market.
Meanwhile, the latest analysis from Bitcoinsensus further corroborates the increasingly bullish outlook. The analysis indicates that Ethereum is entering the final phase of its four-year market cycle, which is also the most "explosive" phase.
This study compares the current market conditions with the bull markets of 2017 and 2021, highlighting the time consistency pattern that exists between market peaks. At the same time, the current price movement of Ethereum also shows signs of accumulation and breakout structures similar to past performance.
Although past performance does not guarantee future results, Bitcoinsensus points out that cryptocurrency cycles often exhibit similar rhythms, suggesting that the market peak in 2025 may be closer than expected.
Overall, Ethereum is under pressure at key resistance levels, but market bullish sentiment and cyclical analysis suggest a potential breakout may occur. However, investors should remain vigilant to the impacts of geopolitical factors and be prepared for risk hedging.
#以太坊市场分析 #ETH价格走势 #加密货币周期
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