The daily line is a long-bodied bullish candlestick, with trading volume slightly higher than the previous day. The price has been oscillating upward for four consecutive days, and trading volume is also showing a slow and steady increase. The daily MA30 line is still flat, and the MACD is showing a slow increase in bullish momentum above the zero axis. The volatility is greater than that of Bitcoin. As we mentioned, only when Bitcoin oscillates or rises does Ethereum have the opportunity to continue climbing. Ethereum remains bullish, with the target still at the upper edge of the red box area (around 2740). If it is strong, after breaking through the red box area, it can continue to challenge the previous range of 2880-3000. We will see how far it goes as we proceed. The daily level resistance levels are 2630-2740-2850-3000, and the support levels are 2510-2430-2320-2130.
