ETH: EMA Assistance, a New Round of Sprinting is Imminent!

The EMA moving averages show a clear bullish alignment, with the MA7 crossing above the MA25 to form a golden cross and continuing to diverge upwards, providing strong momentum for price increases. After finding support around 4,441, the price has climbed steadily and is currently in a consolidation phase.

Looking at the RSI indicator, the value is in the strong range of 50 - 70, indicating that the bullish strength is dominant, and there are no signs of overbought conditions, suggesting further room for upside. The MACD indicator has been steadily operating above the zero line after a golden cross, with the red bars maintaining a certain length, indicating stable bullish momentum.

Current price at 4,553.72, directly enter a long position, with a stop loss set at 4,520 (to prevent unexpected price pullbacks), and the initial target is 4,574.95, the previous high, with a breakthrough aiming for the 4,600 round number.

For those friends looking to short, don't be stubborn anymore! The bullish trend is clearly visible, and various indicators are supporting the rise. Shorting at this time is undoubtedly joking with your own capital!

If you don't know how to operate, find Xiao Wei, and you're good to go!

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