ETH soars to $1843, Pectra upgrade countdown + market makers supporting the market ignites the bull market!
Bull News: Ethereum ($ETH) current price is $1843, up 5.2% in 24 hours, trading volume surged to $1.8 billion, market cap around $220 billion! The Pectra upgrade is about to launch, widely discussed as '$ETH riding the upgrade tailwind, $2000 is stable!'
Why is it soaring?
Pectra upgrade frenzy: Pectra optimizes EVM, reduces L2 costs, enhances account abstraction, market enthusiasm is high, widely discussed as 'sprinting to $1843, L2 ecology erupts'!
Market makers support: On-chain data shows whales bought about 50,000 $ETH (around $92 million), widely discussed as 'market makers supporting the market, breaking through $1843'!
Technical breakthroughs: 4H chart breaks through $1830 resistance, MACD golden cross, widely discussed as 'upgrade expectations pushing prices up'!
Market strength: $BTC stabilizes at $94,700, cryptocurrency market sentiment is high, $ETH leads the surge!
How to interpret the candlestick chart? How will it move?
$ETH 4H: $1843 stands above the upper Bollinger band, MACD golden cross, RSI 68 neutral. Support at $1820, resistance at $1900. Trend:
Short-term surge to $1900, beware of high-level fluctuations. Warning: 'there may be a pullback after the upgrade, be cautious about chasing the high'!
Should we bottom fish?
Bottom fish at $1820, stop loss at $1800, target $1900. Keep an eye on Pectra progress and on-chain dynamics, do not chase the high! Q3 bull market heating up, could $ETH surge to $2000?
Stay tuned for daily updates, hot dynamics, and profitable codes!
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