In the cycle of rise and fall of $ETH , every valley is a time to gather strength, and every fluctuation hides opportunities. We have walked through the turbulence together and will eventually embrace the upward light. In the morning, the price of the coin gradually declined to around 114200 before rebounding, and in the afternoon, it showed a sustained upward trend, completing a trend reversal. In the evening, the coin price experienced a rapid increase, reaching a maximum of around 116800. After a slight technical correction, it entered a consolidation phase at a high position, with limited overall pullback after a surge. In the morning, our real-time short position successfully captured a profit of 837 points. After noticing the trend reversal, Yunlu promptly advised students to arrange long positions, successfully gaining 2210 points; the three long positions given for Ethereum during the day were also precise, collectively earning 233 points. This upward trend has been firmly grasped.
Observing from the four-hour chart, the coin price has strongly pierced the upper band with a large bullish candle, re-entering the overbought state. The current price remains above the upper band, with all indicators accelerating upward, and the Bollinger Bands continue to expand, further opening the upward channel for the future market. The MACD energy bar continues to strengthen, with bullish sentiment running high, and it is expected that the market will continue its upward trend. From the short-term hourly perspective, after the price underwent a turbulent consolidation, it has once again gained momentum with a large bullish candle, breaking through the previous consolidation range and resuming operation near the upper band. The opening of the hourly Bollinger Bands is accelerating, further solidifying the upward trend. The bullish outlook for the future market remains unchanged, and it is recommended to focus on low buy arrangements during pullbacks.
Bitcoin recommendation: Buy near 116200, target around 117500.
Ethereum recommendation: Buy near 3820, target around 3920.
