Explosive! ETH 1 Hour K-Line Conceals Secrets, Is the Trend Going Against the Odds?
Family! The crypto world doesn't sleep at night, and this 1-hour K-Line chart of ETH simply hides a shocking secret! On-chain data + the latest news provides a double whammy, I must take you deep into analyzing the future trend!
First, let's look at the chart. Currently, ETH is fluctuating around 3850.77, with the 7-day moving average (3841.04) providing strong support, and the 30-day moving average (3793.79) firmly acting as the bottom. Previously, it surged to 3879.82 with increased volume, and although there was a pullback, the moving averages are in a bullish arrangement, which is a sign of accumulation! Combined with on-chain data, there are clear signs of capital inflow, smart money is still entering the market! What about the news? The industry is frequently releasing positive information, and ecological construction is accelerating. As the leader of public chains, ETH's underlying logic is incredibly strong!
Bold Prediction: After a short-term pullback to confirm support at the moving averages, there is a high probability of starting a new wave of upward movement! Breaking the previous high of 3879.82 is not a dream; there is even hope to challenge the 3900 round number! If you catch this rhythm right, you will feast until you're full!
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