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Taqing Mountain Community 2025.08.28 ETH Market Analysis
ETH Core Points
Technical Analysis: ETH's narrow upward adjustment on the hourly chart has turned into a larger-scale oscillating adjustment. Whether it can continue to rise depends on the resistance at 4670 on the hourly chart. If it oscillates in a small range around this resistance, it can be considered as a buildup before the rise.
Action: If the market stabilizes above 4670 and breaks out upwards, then a long position can be entered.
ETH Core Points
Technical Analysis: ETH's narrow upward adjustment on the hourly chart has turned into a larger-scale oscillating adjustment. Whether it can continue to rise depends on the resistance at 4670 on the hourly chart. If it oscillates in a small range around this resistance, it can be considered as a buildup before the rise.
Action: If the market stabilizes above 4670 and breaks out upwards, then a long position can be entered.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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