ETH Four-hour trend determination, one-hour trend following
1. Four-hour level: The four-hour level shows a clear bullish trend, with EMA20 providing significant support, and the EMA5 and EMA20 golden cross. Ethereum is consolidating with a slow decline, and bearish strength is relatively weak!
2. One-hour level: It shows a triangular convergence range, and is constrained by the support-resistance interchange.
Strategy: A breakout above 2580 is a signal to be bullish, with 2634 as the first take profit and the second take profit near the previous high.
