The overall bullish trend of Ethereum is as expected. Firstly, considering the news aspect, the Ethereum Pectra upgrade on 5.7 did not see a significant increase.

In previous upgrades like Shanghai and Cancun, there were massive surges well in advance, and they were very strong!

However, this time the upgrade did not increase beforehand, but rather started gaining momentum after the successful upgrade. Therefore, this large surge was anticipated!

Looking at the technical analysis, a few days ago I mentioned that I was optimistic about the range consolidation. The long position at 1763 has reached 1955. The market has already broken through the resistance level around 1870, steadily moving upwards in a ladder-like fashion, without significant pullbacks, and we have captured considerable profits!

This is because a one-sided surge in the news aspect leads to a massive increase in shorts, making you not believe it. The previous Shanghai upgrade was like this!

The upcoming market strategy layout is also in planning. If you currently have positions and want to capture larger profit margins, feel free to inquire on our homepage. We will do our best to assist you! #ETH #ETH走势分析 #Ethereum #以太坊暴涨 #以太坊合约