$ETH ETH The four-hour chart still shows a standard upward structure, with highs and lows consistently rising. Each breakthrough of the previous high is accompanied by a large bullish candle and increased volume. However, the price is currently stuck around $3000, which is exactly a dense trading zone, indicating significant resistance. After the large bullish candle on the early morning of the 27th, several subsequent candles have been small doji, and the momentum for breaking new highs has clearly weakened, with the pace slowing down.
My personal judgment: There is a high probability that a pullback will occur on the four-hour chart, with initial support at 2960, followed by 2890, and then 2800; however, the overall direction remains bullish and the upward trend is unchanged. Just maintain the pace.
