In the next two hours, the ETH price is likely to continue the upward trend, with an upward probability of about 65%. From a technical perspective, the MACD green bars in the 1-hour cycle are shrinking, which is a signal of short-term upward volatility.
Factors supporting the upward trend on a macro level
- Upgrade benefits: The Fusaka upgrade for ETH will start in a few hours, and the upgrade includes raising the block gas limit to 60 million and paving the way for BPO fork parameter adjustments, expected to enhance value capture capabilities. The market has optimistic expectations for this upgrade, driving up the price.
- Price breakthrough: ETH has been continuously rising, having broken through $3,150, and the technical indicators show an upward trend, which is likely to continue in the short term.
- Market ecosystem: OKX has launched an ETH instant exchange service for NPR (no fees, real-time exchange rate), lowering the threshold for ETH use, attracting more users, and also supporting the price.
Short-term strategy layout plan
Conservative strategy
- Action: Consider appropriately increasing positions.
- Take profit price: Set at $3,300, which is near the previous high resistance level; the price may encounter some pressure upon reaching this position.
- Stop loss price: Set at $3,050, which is below the support level; if the price breaks below this level, it may indicate that the upward trend is compromised, and timely stop loss should be taken to control losses.
Aggressive strategy
- Action: Choose to buy.
- Take profit price: Set at $3,400 for higher returns, but also faces greater risks.
- Stop loss price: Also set at $3,050; once the price reaches this position, decisive stop loss is required.
Risk warning
- Upgrade underperformance: If the Fusaka upgrade fails to achieve the expected results, it may trigger a price pullback.
- Prediction uncertainty: KOL price predictions vary widely, and the actual trend may not match expectations.
- Information misleading risk: The information online is complex and may contain false or exaggerated situations that need careful verification.
- Market volatility: Cryptocurrency prices are affected by various factors including macroeconomic and geopolitical influences, and there may be severe fluctuations in the short term, even leading to flash crashes. #ETH走势分析 #美联储重启降息步伐 .#ETH走势分析 #加密市场观察 #美SEC推动加密创新监管
