ETH Hourly Chart Hides 'Breakout Signal'! Understand this rhythm to profit in the crypto space ahead of others

Is the crypto market like a roller coaster? Don’t rush! Focus on the ETH 1-hour candlestick chart, we have uncovered key clues in the long-short battle, guiding you step by step to catch the trend!

Trend Analysis: 'Consolidation Breakout' is Imminent

Recently, ETH has followed the script of 'surge and retreat → bottoming consolidation → breakout buildup':

• Resistance Peak: The 2680 level faced resistance and retreated, creating a short-term bearish sentiment;

• Golden Support: The area near 2451 has stabilized after two bottom tests, forming a strong support range (2450 - 2500);

• Current Signal: Price has broken through the upper edge of the consolidation range (2550), bulls are starting to 'rush ahead'!

Indicator Decoding: Bullish Momentum is 'Awakening'

1. Bollinger Bands (BOLL):

◦ Middle Band (2514) firmly supports the price, indicating short-term bullish dominance;

◦ Upper Band (2641) opens upward space, if broken, the previous high of 2680 is just around the corner!

2. MACD Indicator:

◦ DIFF crosses above DEA forming a golden cross, red bars continue to enlarge, bullish momentum is visibly recovering—this rebound is definitely not a 'flash in the pan'!

Key Price Levels: Comprehensive Review of Buy and Sell Points

• Support Level: 2500 - 2530 (lower edge of the consolidation range + Bollinger middle band, 'golden zone' for buying on dips);

• Resistance Level: 2580 (short-term pressure, looking at 2640 → previous high of 2680 after breakthrough).

Operational Suggestions:

• Bullish Strategy: Lightly position long orders at 2530 - 2540 on pullbacks, set stop-loss below 2500, target first at 2580, add to positions after breakthrough looking at 2640;

• Risk Warning: If it breaks below 2500, be cautious of a pullback, exit and observe in time!

Crypto prices fluctuate like lightning, only by following the right rhythm can you make a profit!

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In the next issue, we will analyze 'ETH Weekly Trend', more powerful content is on the way, #Like + Follow, don’t get lost in crypto profits!