Ethereum Suddenly Explodes! Institutions Buying Frenzily, Technical Upgrades Driving Dual Forces, Can It Break Through the $4000 Barrier This Time? $ETH
Recently, the "second-in-command" in the cryptocurrency market, Ethereum (ETH), has suddenly become the focus! The price has skyrocketed, breaking through $3800, reaching a three-month high, and some even shout that "$4000 is within reach." What is the reason behind this wave of market movement? Let's discuss the underlying details in simple terms.
The upper resistance level is at 3880, and the current price around 3830 can be a point to test; the stop-loss point can be set around 3780, and the take-profit position can be at 3980, pending position holding.
The lower resistance level is around 3750; if it breaks down, one can short a position; a small position can be tested, and the stop-loss point can be set around 3830.
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