$ETH 😁 Today, the secondary market has strongly broken through the downward trend line since the last round of the bull market. It can be said that there is no pressure on the rise and support on the decline. ☀️ How many times have I mentioned to buy on dips? My mouth is getting chapped from shouting. Where are your long positions? If next Monday's weekly chart closes with a bullish candle, it can basically confirm a big bullish candle, which will then have a probability of completing the perfect bearish bat and the perfect bearish AB=CD models on the weekly level. 😀 The target price is in the range of 4470-4844. Currently, the daily level shows an increase in volume and price rise, and the trend is still bullish. Now is definitely not the right time to go long. After the weekly close next week, if there is a pullback to around 4000 on the weekly level, consider positioning some mainstream spot assets at the descending trend line. The strength of the secondary market will also lead to the rise of altcoins and mainstream coins. Personally, I still have a positive outlook on mainstream spot varieties such as LTC/DOGE/UNI/ETC.
Upper pressure: 4370/4477
Lower support: 4150/4080