$ETH Morning Ethereum Strategy!!!
Ethereum long position, recent ETF inflows continue, large holders and institutions have been increasing their ETH holdings, and for contracts, the market makers are also aiming to liquidate a batch of retail investors who bought at the top.
From a technical perspective, this wave of price increase has consistently broken new highs on the 4-hour chart with volume. This morning, ETH broke through the previous high on the 4-hour chart with volume, and stabilized around 2950 on the 4-hour chart. The daily chart shows that 2950 precisely aligns with the upper Bollinger band expansion, so we continue to follow the trend bullishly, looking for new highs. 2900 is the stop-loss level!!
