ETH Afternoon Talk: This Bounce is Really Strong!

ETH performed amazingly this afternoon, with a strong rebound—today during the day, it not only broke through $4600 but also touched a high of $4633! It has risen nearly 5 points (4.91%) in the past 24 hours, making it the top performer among mainstream cryptocurrencies.

The current price is fluctuating between $4550 and $4600, so everyone can note the key positions: short-term support looks at $4350-$4400, and if it wants to push up, $4620-$4650 is a small resistance.

There are also two good news items to mention:

The Ethereum ETFs in the U.S. have seen inflows for four consecutive days, with today alone adding $455 million, which is significantly more than the inflow of Bitcoin ETFs;

The publicly traded company SharpLink has also been increasing its ETH holdings, buying 56,533 coins for about $360 million, and now it holds nearly 800,000 coins, totaling around $3.7 billion in holdings.

Finally, I'd like to share my view: I am still bullish this afternoon! If the price can reach around $4540-$4580, just go long, initially targeting $4650, and if it breaks through, then aim for $4670. Let’s not say anything else, executing in the real market is my true skill! #ETH🔥🔥🔥🔥🔥🔥