E-Guardian never gives up! The recent strong movement is due to ETF purchases, which led to retail investors following suit, causing a strong rise in coin prices. Previously, it had been heavily impacted, hurting E-Guardian's heart, but things are different now. The ETF purchases have made prices exceptionally resilient.
This morning, ETH directly broke through the price of 1850, consuming all the large sell orders above, touching the upper part of the 4-hour channel before starting to pull back. Ethereum is showing signs of exhaustion on the 4-hour chart; the pullback depth can be seen around 1730. For swing traders, this is a good place to pick up a bit of spot.
