#加密市场反弹 $ETH What should we choose now?

The recent market movement of ETH has been quite strange! The current price is crashing around 1700, smashing through the densely packed zone of 1600-1700.

Looking closely at the chip distribution chart, the selling pressure above 1800 dollars is as light as paper; this structure is like a demolition team finishing off a dangerous building, making it naturally easier to push upwards.

Focus on the iron bottom at 1600; in the past three months, every time it drops here, it's like triggering an electromagnetic catapult, directly shooting the price back to 1700.

Now the MACD golden cross on the 4-hour level has been on for three days, and the slope of the EMA24 moving average is almost as fast as a rocket launch.

What's most frightening is that the RSI has surged to 70 and is still pushing upwards with increased volume; this momentum is reminiscent of the explosive market surge in March 2024.