$ETH ETH actually surged nearly 40% last week, much stronger than Bitcoin and Solana, Auntie has never been so assertive.
With such a strong rise, it has reached a resistance zone on the weekly chart, 2561-2677 is where the 104-week and 26-week moving averages are located, which can also be said to be the positions of the six-month and two-year lines.
On the daily chart, after the second position's jump, the momentum is strong and sustained, and currently, there are no signs of a peak. The 4-hour chart has just formed a central area, so now we will operate short-term based on this central area, with the central range being 2270-2608, and the core area being 2435-2491.
In the future, we need to see if 2435-2491 can break through and hold. If it goes up and breaks through 2608, the 4-hour MACD will show a peak divergence, and we will need to pull back again. If it can hold at 2491 after pulling back, then the probability of strong consolidation moving upwards is high. If it breaks below 2435, the consolidation time may be extended; however, if it breaks below 2435 and continues to seek a bottom, it may become a good opportunity to go long. #ETH突破2500