Ethereum is experiencing a duality of extremes! The bears have just eased up, while the bulls are going wild; this position is either an entry point or you’ll get thrown off!
The current trend of ETH resembles 'a duality of extremes'—after bottoming out, the rebound has already surged to the middle Bollinger band!
From the chart, after continuous declines, Ethereum has made a strong rebound, with a streak of 9 consecutive green candles driving it close to the critical resistance at 2440.
Don’t be fooled by this technical rebound; funds are quietly adjusting their positions, and bullish forces are rapidly gathering!
The bears are still hesitating on whether to continue selling, but smart money has already entered at the bottom, preparing for the next major rally.
Key point analysis:
The lower Bollinger band is firmly supported, and the price has strongly surged from the 2380 level.
Currently, it has surpassed the 5-day moving average and the middle Bollinger band, signaling a clear short-term strength.
The upper resistance is concentrated in the 2470-2480 range; once broken, it will directly face the 2500 round number.
The current market is—if you don’t get on board, you’ll get thrown off; if you’re not decisive, you’ll get trapped!
You ask whether to chase now or wait? This is the window for speculation, not a comfortable zone for observation!
The main players' strategy is clear: first, they create a sense of panic with continuous declines, then they attract follow-up trades with a strong rally, and finally, they wash out floating positions at key points to initiate the main upward wave!
If you can’t understand the essence of this market movement, you’re just a pawn for others to high sell and low buy.
Those who truly want to profit have already positioned themselves during the technical rebound, waiting for a breakthrough above the middle Bollinger band, as the main upward wave may head straight for 2600+!
That’s how the market is; miss a beat, and you won’t even qualify to get on board.
Want to ambush early, want to enter precisely, want to safely reap the main upward wave?
Come, let me be the hunter in the 'duality of extremes' for you, not a lamb under someone else's script!
