Can Ethereum reach 4800 next week? Here are my insights!
The weekly candle has 32 hours left to close, and whether it can close above 4000 is the main concern. If it manages to close higher, friends trading on a larger time frame should not rush in, as we need to wait for the next week's candlestick to determine if Ethereum can reach 4800 or even higher.
The daily chart actually shows that the pullback on the 28th was not strong. Although it formed a three bearish candle pattern, this trade needs to be analyzed on the 4-hour to 1-hour chart.
The order block on the 4-hour chart is between 3530-3600, which is the key price range we need to focus on for short-term trading.
Of course, these are just hindsight perspectives.
Anyone can review past trades; if you don't, you are worse off than those who do. So everyone should do more review when trading.
These are just my personal opinions for your reference. Wishing everyone smooth trading.
