ETH is currently in a consolidation phase within an uptrend controlled by bulls.
Bullish Logic: The trend line is intact, holding firmly above the Bollinger middle band, and has just tested the previous high with an extremely shallow pullback, indicating strong buying pressure.
Trading Considerations:
Aggressive traders: Can watch for stabilization opportunities around 2,170 - 2,175 to attempt another push toward 2,190.
Conservative traders: Wait for the price to retest the 2,120 - 2,140 zone (Bollinger middle band) to confirm support before entering, or wait for an effective break above 2,190 to chase the uptrend.
Risk Warning: If the price unexpectedly breaks below 2,115, the short-term trend weakens, and caution is needed regarding filling the gap below. #加密市场回涨
Bullish Logic: The trend line is intact, holding firmly above the Bollinger middle band, and has just tested the previous high with an extremely shallow pullback, indicating strong buying pressure.
Trading Considerations:
Aggressive traders: Can watch for stabilization opportunities around 2,170 - 2,175 to attempt another push toward 2,190.
Conservative traders: Wait for the price to retest the 2,120 - 2,140 zone (Bollinger middle band) to confirm support before entering, or wait for an effective break above 2,190 to chase the uptrend.
Risk Warning: If the price unexpectedly breaks below 2,115, the short-term trend weakens, and caution is needed regarding filling the gap below. #加密市场回涨
