$ETH

ETH and SOL surge over 10%! The kings of altcoins rise, where is the next opportunity?

Last night, ETH and SOL were on fire, both rising over 10%, showcasing the prowess of altcoins! ETH dipped to 2180 during the night, with a perfect double-bottom in the 4-hour K-line, accelerating after breaking above the middle line at 2300! The daily SKDJ formed a golden cross, confirming the bottom at the low of 2111, with a clear reversal signal.

Currently, ETH has reached the 4-hour trend resistance, with SKDJ entering a high position, making a short-term pullback to the middle line likely, testing the 60-day moving average support at 2390. Will it break through 2440 and then pull back, or will it directly test support?

From a macro perspective, after the reversal, there should be at least 3 waves of upward movement; we are currently at a critical point of transitioning from wave 1 to wave 2, with upper resistance at 2430-2460. Patience is needed for a 4-hour pullback; if SKDJ forms a golden cross again, it will be an excellent opportunity for the transition from wave 2 to wave 3!