Breaking! ETH 1H breaks previous high, can it rise further in the next second? You read that right, ETH just soared from around 2500 to touch 2569 instantly! Retail investors are still watching, but the seasoned players have already set their sights on this wave of 'perfect logic'.
Large transfers are frequently occurring, with over 2,000 ETH withdrawn from exchanges, as funds 'decentralize' and raise buying expectations.
Long positions in contracts have increased by 15%, and capital is quietly flowing in.
The latest draft for stablecoin regulation easing by the German central bank has been approved, and European whale funds are flowing back into digital assets, boosting ETH's strong rebound.
DeFi locked positions have warmed up over the past two weeks, and activity is regaining upward momentum.
EMA(7) has strongly crossed above EMA(30), with bullish alignment in short to medium-term moving averages.
The Bollinger Bands have broken through the upper band, signaling a clear upward breakout on a larger scale.
MACD golden cross is expanding, with the momentum bars rapidly rising, indicating sufficient buying energy.
In the next 4–8 hours, bullish sentiment remains dominant!
Short-term target: First look at 2590–2600; if volume continues to increase, 2035 will solidify the bulls;
Support on pullbacks: If it drops below 2530, caution is warranted for a potential sell-off risk.
Long-term outlook for ETH is optimistic; short-term quick in and out is also not difficult.
I have already positioned lightly around 2540, targeting 2600, with a stop loss set at 2525.
Want real-time strategies and to profit with me?
Follow me for the most accurate signals at the first opportunity!
Stay tuned to the channel, for the next surge point, let's make money together!
