This morning, Ethereum synchronized with Bitcoin and surged up at around 6 o'clock, with bulls suddenly breaking out, successfully breaking the 1800 barrier and reaching a peak near 1815. This one-sided increase also had a space of nearly sixty to seventy points. Yesterday's bullish outlook has been validated, and the current price is around 1817.
From the technical indicators of Ethereum's hourly chart, the bulls are in a dominant position. The price is running above the middle band of the Bollinger Bands, and the upper band is opening upwards, indicating that the bulls are pushing prices higher and creating space; in the KDJ indicator, the K, D, and J lines are rising, with the J value exceeding 100, indicating strong bullish strength, short-term overbought but sufficient bullish momentum; the MACD indicator's histogram has turned from green to red and has lengthened, showing the dominance of the bulls. Overall, the current bullish signals are significant, and prices are expected to rise further.
Bitcoin Strategy: Buy around 96500, target 98000
Ethereum Strategy: Buy around 1805, target 1880
