Ethereum has formed a clear and effective support in the range of 4370 to 4310, which has been confirmed through multiple market tests, demonstrating strong stability. Ethereum has officially entered a wide fluctuation trend between 4670 and 4310, and this range will be the main operating area in the short term.
From the hourly technical perspective, the MACD indicator has completed a golden cross formation and is continuing to rise, with bullish momentum gradually accumulating and a clear short-term upward trend. Combining with the current trend, when the price retraces to the range of 4530 to 4518, it will be an excellent opportunity to go long—this range is not only a key support level from the previous fluctuations but also highly matches the momentum release rhythm after the MACD golden cross, making the long position signal reliable.
In subsequent operations, the primary target above can be locked around 4670. This position is not only the upper pressure level of this wide fluctuation but also a key point that has failed to break through effectively multiple times in the past. Bullish strength will face strong tests in this area. After reaching the target, it is necessary to closely monitor market volume changes and adjust the position strategy in a timely manner.
Follow Hu Ge for real-time analysis $BTC #比特币巨鲸换仓以太坊 $ETH #ETH走势分析 $SOL