ETH Analysis: Upward Continuation Trend, Remain Bullish

Yesterday's analysis indicated that ETH's mid-term target is 6000, detailed in yesterday's article.

Currently, ETH is in an upward continuation consolidation range, with 4320-4150 being a large consolidation area, and within that, a smaller range can be identified at 4150-4260.

From the support and resistance perspective, 4260 is a key range, and a breakout on the right side should be pursued.

Yesterday's analysis suggested that the market manipulators would spike below 4150, but in reality, it did not break below; instead, it closed above 4150, forming a short-term downtrend line. After the breakout, it is moving in a consolidation pattern.

The overall direction is upward, and as long as it does not break below 4150, avoid making reckless short trades. I hope everyone can make money; both bulls and bears, keep it up! $ETH