Ethereum's recent trend is just like a "poor student cramming before an exam, suddenly having an epiphany"! #ETH突破2500
During the previous period, it seemed to be dead and lazy, but in the past few days, it suddenly "went on a rampage", achieving three consecutive daily gains in a main uptrend, soaring from 1800 to 2620 in one breath, a 35% increase, catching a lot of people off guard.
Then, just like collapsing on the couch after the exam, ETH entered a consolidation phase on the 4-hour chart,
Now, the market has shown the first "main up pause + pullback confirmation" structure. From the distribution of chips, the range of 2400-2600 is a dense area for chips, comparable to the "entrance of the college entrance exam", where there are many people and mixed emotions, everyone wants to grab a good position to enter. Meanwhile, old bottom chips below 2000 have long been "washed out" by the main force, and now it is a combination of high-level strong turnover + short squeeze.
Why can ETH take off this time? Mainly because this sudden surge not only increased its own value but also ignited market sentiment, leading to a wave of general increases. After the emotional release, everyone started to calm down and differentiate.
From the structural analysis, it is highly likely that a broad consolidation box of 2280-2660 will form next, with short-term expectations to fluctuate around 2380-2565, and in extreme cases, a pullback to 2280, though this is unlikely. #山寨季何时到来
Operational suggestion:
Currently, it is "review week", not the "final sprint" stage. The market is doing exercises, changing hands, and digesting. Let's not fantasize about soaring high; it’s better to honestly make waves within the box, follow the rhythm, and it will be easier to make profits. The market hasn't ended yet; it’s just "stretching after accelerating", and if the rhythm is right, opportunities are still there!