ETH Market Analysis: Short-term Bullish Support, New Trend Expected After Consolidation

🔵 Four-Hour Chart

ETH maintains a strong bullish trend, with the market still showing positive upward signals.

The auxiliary indicators show that bullish energy is about to take full control.

Once bulls take over, a sustained upward trend is expected to form.

Follow-up updates: Keep a close eye on whether it will break through key price levels and if it can continue to rise.

🔴 One-Hour Chart

It has entered a clearly defined consolidation range, and after the current price oscillates, it may welcome a new direction.

The market is uncertain in the short term, but the direction will become clearer after consolidation.

🟢 15-Minute Short-Term Chart

Short-term traders can mainly focus on low buys, with high shorts as a supplement.

In the current consolidation range, operate cautiously, focusing on the breakout situation of support and resistance levels.

🚨 Conclusion:

The medium-term outlook remains bullish, but in the short term, it may be necessary to find suitable entry opportunities during consolidation.

Once the price breaks through the consolidation range, the trend may become clear again.