So fierce! Ether is crazily rallying without any pullback, breaking through the previous high again in the morning, reaching the 3878 line. The spot long strategy we provided last night has successfully taken profit as expected. This surge of bullish momentum was also within Yunche's expectations, and market sentiment continues to heat up, with the 4000 mark in sight! For those friends who have not entered yet, it might be a good idea to wait for a pullback opportunity; catching longs at a low position is a good choice.
From a technical perspective, the 4-hour chart shows consecutive large bullish candles pushing upward, the Bollinger Bands are widening upwards, the MACD lines are accelerating upwards, and the volume-price relationship is healthy, indicating that the main funds are strongly driving the market. Any pullback presents an opportunity for bulls to enter again! The current key support has shifted to the 3840-3850 area, and as long as the pullback does not break this range, the trend will continue.
Aggressive traders can lightly enter long positions in the 3860-3870 range, targeting 3920-3950; conservative traders can wait for a pullback near 3840 to gradually position themselves, strictly setting stop losses below 3820. If the European session stabilizes above 3880, the market may accelerate further, even approaching the psychological level of 4000!
From the current market perspective, the bullish momentum has significantly increased, #余币宝年化收益破24% .
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So fierce! Ether is crazily rallying without any pullback, breaking through the previous high again in the morning, reaching the 3878 line. The spot long strategy we provided last night has successfully taken profit as expected. This surge of bullish momentum was also within Yunche's expectations, and market sentiment continues to heat up, with the 4000 mark in sight! For those friends who have not entered yet, it might be a good idea to wait for a pullback opportunity; catching longs at a low position is a good choice.
From a technical perspective, the 4-hour chart shows consecutive large bullish candles pushing upward, the Bollinger Bands are widening upwards, the MACD lines are accelerating upwards, and the volume-price relationship is healthy, indicating that the main funds are strongly driving the market. Any pullback presents an opportunity for bulls to enter again! The current key support has shifted to the 3840-3850 area, and as long as the pullback does not break this range, the trend will continue.
Aggressive traders can lightly enter long positions in the 3860-3870 range, targeting 3920-3950; conservative traders can wait for a pullback near 3840 to gradually position themselves, strictly setting stop losses below 3820. If the European session stabilizes above 3880, the market may accelerate further, even approaching the psychological level of 4000!
From the current market perspective, the bullish momentum has significantly increased, #余币宝年化收益破24% .