The moment of market awakening has arrived, $ETH is taking the lead in igniting the bull market!
At the beginning of May, Ethereum completed multi-cycle accumulation, strongly breaking through the key structural range, leading to a wave of main upward trend. It is currently stable at $2,554.96, becoming a model of resonance between on-chain funds and technical aspects.
Technical indicators are all firing:
RSI: 80.6 —— The market is extremely greedy, and there may be a risk of short-term pullback, but the main upward structure is still strengthening.
MACD: Bullish momentum continues to expand —— Buying momentum has not yet exhausted.
Bollinger Bands: Price has broken through the upper band —— Bullish sentiment is overheated, and a consolidation phase may start at any time.
Strategy expectations:
The price may pull back to the $2,450-$2,500 range. Once support is confirmed, the next upward target may point to $2,680+.
As long as the key support at $2,400 is held, the bullish trend of ETH will not change, and the season for altcoins may begin!
This is the eve of the offensive, not the dusk of hesitation.
