From the 4-hour chart, the price has broken out of three consecutive bullish candles and reached the upper band of the Bollinger Bands. Although the KDJ shows a golden cross, it has begun to show signs of turning, indicating there is strong resistance around 104800. The MACD is operating above the zero line, suggesting that the larger trend remains bullish. Looking at the 1-hour chart, the four consecutive bullish candles have strongly broken through the upper band of the Bollinger Bands, indicating ample upward momentum in the short term. Overall, if the price can successfully stabilize above the resistance level of 104800, there is potential for further upward movement; conversely, if the upward momentum is weak, caution should be exercised regarding the risk of a pullback, and a strategy of positioning for short trades after a rebound can be considered. $ETH#币安HODLer空投ERA
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