Two-Pie Analysis (December 4)
From the 1-hour and 4-hour cycle charts, it can be seen that ETH has started a strong upward trend from the low of 2718.07 on December 2, and is currently in a one-sided upward trend. The candlestick pattern shows a structure of "continuously rising lows and constantly breaking through highs", and the volume and capital inflow (net inflow of $615 million) are expanding simultaneously, indicating sufficient bullish momentum.
Bullish Strategy:
Aggressive: If there is a pullback to the 3180-3190 range, one can take a small long position, with a profit target at 3240 (can extend to 3280 after breaking);
Conservative: Wait for the price to pull back near 3150 (trend line and previous platform resonance support) to build positions in batches, with profit targets of 3230-3280. $BTC $ETH $XRP #加密市场观察 #美联储重启降息步伐 #ETH走势分析
