ETH bullish signals are very clear! These three points provide direct answers
Recently, friends who are watching ETH should be able to feel that the market is getting stronger. In fact, the core bullish signals are hidden in three aspects, explained in simple terms for everyone to understand.
First, let's talk about the most critical breakthrough - ETH has firmly stood above the key resistance zone of 4400 to 4500. This is not just a casual rise; more importantly, after the breakthrough, it directly completed the conversion from "support to resistance". Now, even if the price slightly retraces, this range has become a solid "safety cushion" that can withstand most selling pressure. As long as it doesn't fall below this level, the foundation for short-term bullishness remains intact, and there's no need to panic about exiting.
Next, let's look at the moving averages. Currently, ETH's moving average system is a standard bullish arrangement, especially the 50-day and 200-day moving averages, which are steadily supporting the price from behind. No matter how much short-term fluctuations occur, these two lines are slowly moving upwards, providing dynamic support to the price, which clearly indicates: the medium-term upward trend is still intact and on track.
Finally, let's look at the targets. Since the breakthrough at 4400-4500 can be stabilized, the next target is very clear - first look at the historical high range of 4600 to 4700. If it can surge through with trading volume, it will be a valid breakthrough, and at that time, the space above will directly open up, making it no longer a fantasy to move above 4800. Even if there is a retracement along the way, as long as the previously mentioned support level is maintained, this target remains achievable.
ETH strategy for the evening:
Buy in the range of 4480 - 4520, first target at 4575, second target at 4630!
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