Ethereum trend analysis: Currently, the 4-hour cycle is in a bullish pattern, with a chance to test the previous high around 2350. For periods longer than 1 hour, it is not recommended to go short. The 30-minute cycle can attempt a short position, with proper stop-loss. The main trend remains bullish. Those who haven't entered long positions are also advised not to chase the rally. If a pullback occurs to the lower boundary of the range, you can continue to try going long.

ETH2,34%
View Original
post-image
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
Jimmychen
· 51m ago
The recent consolidation of ETH has already proven the strong return of the bulls, continuously hitting new highs. The sideways movement and pullbacks are all traps to shake out the shorts; seize the opportunity to buy on dips and hold your mobile chips.
View OriginalReply0
  • Pin