7.30, Wednesday, Analysis of Ethereum Morning Strategy!

From a technical structure perspective, on the daily level, the price has been in a high-level consolidation state after a rise, with the running channel remaining open upwards and leaning towards a bullish stabilization. The bullish volume has decreased and failed to drive the price lower, while the moving averages have turned upwards. The trend maintains a bullish pattern, although it is accompanied by oscillation and consolidation due to demand repair.

On the four-hour level, the running channel has formed a flat state, but after a price spike downwards, it has recovered with consecutive bullish candles, currently stabilizing above the middle track and rising steadily. The volume has exhausted on the bearish side and is turning bullish, and after the moving averages converge, they still recover upwards. The small cycle oscillation is merely a demand, and upward movement is just a matter of time. In the upcoming strategy, we will focus on primarily going long from lower levels.

Bitcoin Trading Suggestion: Go long around 117200, with a target of 118200-119200.

Ethereum Trading Suggestion: Go long around 3750, with a target of 3800-9850#币安HODLer空投TREE #上市公司加密储备战略 #BNB创新高 #Strategy未增持BTC #ETH重返3800 $BTC $ETH .