$ETH 1 hours K-line trend analysis:
Personal bullish reasons:
1. The price is running above the middle band of the Bollinger Bands, clearly supported by the middle band, and has not effectively broken down;
2. The MACD indicator's green bars are shortening, and the DIFF line is trending above the DEA line, indicating that bullish strength is accumulating;
3. From the trend perspective, there was an upward movement earlier, and although there has been a pullback, overall upward momentum still exists.
However, if it breaks the support of the middle band, one must be cautious of the pullback risk and pay attention to the key resistance at 2507.74 and support at 2385.13
