ETH 4-hour chart heats up to **$2,538.89**, bullish momentum!
Trend confirmation:
A robust ascending channel is being built with higher highs and higher lows, with prices steadily operating above EMA50 (around 2400), forming an indomitable bullish fortress.
Short-term observation:
After reaching a **high of $2,565.94, there was a slight pullback, and the market entered a high-level consolidation**, with 2,600 becoming a key resistance—having previously 'failed multiple times'; can this round make a decisive breakthrough?
The volatility indicator (TV) continues to decline, suggesting that momentum is building up, possibly entering a phase of preparation for the next breakout. The volume structure also verifies this: rising volume, declining volume during pullbacks, a typical characteristic of a main upward trend!
Strategy reference:
Staying above 2,500, a strong breakthrough above 2,600 is expected, opening a new acceleration channel;
If it loses the support level of 2,400, be cautious of a short-term weakening in the market, or a potential pullback to the previous support zone.
Are you the wave rider running with the trend, or the fisherman waiting for the wind?
The market only rewards those who predict in advance and act decisively.