6/26 $ETH
The logic for being confidently bullish is very simple: the negative factors in the fundamentals have dissipated, and retail investors are willing to enter the market. In the past two days, there haven't been any significant positive factors; it’s entirely a result of retail buying behavior.
The 4-hour chart has shown a step-like increase and has effectively broken through the neckline. The next round of upward movement has a high probability of hitting the 109000 level. As long as the pullback does not break the 4-hour rising trend line, bulls still have room. This kind of slow rise without a pullback indicates strong momentum, but if it breaks down, bulls should consider exiting.
ETH has been slightly more active, showing less stability than BTC, but the bottom is progressively getting higher. The movement follows BTC; as long as BTC does not pull back, ETH will likely challenge the 2550-2580 resistance level. Note: The price fluctuations of ETH are significant, so the entry point must be a very stable position.
It’s better to enjoy together than alone; if you reach out, I can pull you ashore!!
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