$ETH Short-term pullback consolidation, bullish trend continuation

Analysis:

1.Current price around 2854.46, has stabilized above MA7 (2821.43) and MA25 (2817.39), short-term bullish structure is clear.

2.If it breaks through 2867.46 (24h highest price) resistance, it is expected to open up upward space around 2900–3000 (previous high can serve as a short-term anchoring target).

3.Recent pullback support is first observed around 2820, if it breaks, look down to 2817.39–2623.57 (MA25/recent low range).

4.MACD fast line is still above the slow line, but the red histogram energy has somewhat converged, indicating that the short-term upward momentum has slightly weakened, subsequent volume support is needed to confirm a new round of upward movement.

5.Conclusion: The short-term bullish pattern remains unchanged, focus on the breakthrough strength and volume coordination at 2867.46.

Want to communicate with more like-minded trading enthusiasts about ETC and other cryptocurrencies? Scan the code to join the "Friends of Trading Ocean" group!

(Group QR code can be scanned using Binance app to join~)

ETH
ETHUSDT
2,998.59
-2.61%