Ethereum, on the daily chart, the bullish momentum is still very strong, with the price reaching a peak of 2740, which is not much different from our previous bullish outlook of 2800. Although there was a pullback last night, it stopped near the support level of 2550, and the bullish trend remains.
On the 4-hour chart, although there have been consecutive bearish candles, the candlestick bodies are very small. The MACD shows a continuing trend of divergence at the top, with DIF and DEA spreading downwards from a high position. Currently, the market is showing a spinning top pattern and a dark cloud cover pattern, indicating that there may still be some pullback actions in the short term. Therefore, for short-term operations, simply wait for a pullback to touch the support without breaking it to enter long positions!
On Thursday morning, Ethereum pulled back to the 2550-2580 area to enter long positions, with attention on the two levels of 2680 and the peak of 2740 above. If the rebound faces resistance, then a short position can be followed up accordingly! #代币发射平台竞争加剧