The myth of getting rich in the cryptocurrency world only rewards those who dare to bet!"—Tonight, ETH may welcome a key breakthrough, with 4700 points just within reach.
Brothers, I am Long Ge. Today's ETH price movement during the day was simply a "patience game," oscillating back and forth between 4560-4630, exhausting many people's patience. But I wonder if you have noticed that although the price hasn't moved much, the support below is quietly rising.
This kind of trend usually indicates that the market is accumulating energy. Tonight, I am optimistic that ETH will break through the 4700 barrier in one go! Below, Long Ge will break it down and share my views.
Market Trend Analysis
The narrow oscillation during the day is actually the market searching for direction. The gradually rising support level indicates that bullish forces are building up in the background.
In this kind of market, the most feared scenario is chasing highs and cutting losses. Just when it seems that a breakthrough is hopeless, the bulls may suddenly exert force, catching the bears off guard.
From a technical perspective, the price around 4577 USD is running close to the middle band of the Bollinger Bands, which is a signal worth noting. Although the trading volume has not significantly increased, the market often erupts in silence.
Long Ge's View:
Currently, 4630 is a key resistance level. If it breaks through effectively, it could quickly attack 4700 USD.
The support below is also quite clear, with the 4450-4500 range forming today's bottom support. As long as this area is not broken, the short-term trend remains safe.
Especially around the 4500 point, it has already become a new dividing line for bulls and bears. Long Ge believes that if this position holds, the future market is promising.
Operational Advice:
For aggressive fans, you can consider entering a light position near the current price of 4590, with a stop loss set below 4550 to prevent sudden spikes that trigger losses.
For conservative friends, you can wait until the U.S. stock market opens to make a decision. The opening of traditional financial markets often brings liquidity to the cryptocurrency world, making the direction clearer.
If the 4630 resistance is successfully broken, consider increasing your position to chase the highs, with a target directly at 4700. If the volume aligns, it may even test higher levels.
There is no "guaranteed profit" in the cryptocurrency world, but there is a "high probability of correctness." Tonight's ETH is a resonance of technical and financial aspects, and a charge signal for the bulls. Want to obtain accurate points in real-time? Want to lay in ambush before the market starts? #ETH走势分析
If you are still stuck in losses, don't worry, the opportunity is near. Follow Long Ge and keep up with the rhythm; don’t wait until others make a fortune and then regret!
Brothers, I am Long Ge. Today's ETH price movement during the day was simply a "patience game," oscillating back and forth between 4560-4630, exhausting many people's patience. But I wonder if you have noticed that although the price hasn't moved much, the support below is quietly rising.
This kind of trend usually indicates that the market is accumulating energy. Tonight, I am optimistic that ETH will break through the 4700 barrier in one go! Below, Long Ge will break it down and share my views.
Market Trend Analysis
The narrow oscillation during the day is actually the market searching for direction. The gradually rising support level indicates that bullish forces are building up in the background.
In this kind of market, the most feared scenario is chasing highs and cutting losses. Just when it seems that a breakthrough is hopeless, the bulls may suddenly exert force, catching the bears off guard.
From a technical perspective, the price around 4577 USD is running close to the middle band of the Bollinger Bands, which is a signal worth noting. Although the trading volume has not significantly increased, the market often erupts in silence.
Long Ge's View:
Currently, 4630 is a key resistance level. If it breaks through effectively, it could quickly attack 4700 USD.
The support below is also quite clear, with the 4450-4500 range forming today's bottom support. As long as this area is not broken, the short-term trend remains safe.
Especially around the 4500 point, it has already become a new dividing line for bulls and bears. Long Ge believes that if this position holds, the future market is promising.
Operational Advice:
For aggressive fans, you can consider entering a light position near the current price of 4590, with a stop loss set below 4550 to prevent sudden spikes that trigger losses.
For conservative friends, you can wait until the U.S. stock market opens to make a decision. The opening of traditional financial markets often brings liquidity to the cryptocurrency world, making the direction clearer.
If the 4630 resistance is successfully broken, consider increasing your position to chase the highs, with a target directly at 4700. If the volume aligns, it may even test higher levels.
There is no "guaranteed profit" in the cryptocurrency world, but there is a "high probability of correctness." Tonight's ETH is a resonance of technical and financial aspects, and a charge signal for the bulls. Want to obtain accurate points in real-time? Want to lay in ambush before the market starts? #ETH走势分析
If you are still stuck in losses, don't worry, the opportunity is near. Follow Long Ge and keep up with the rhythm; don’t wait until others make a fortune and then regret!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
4,400.83
-4.13%