#以太 Duo Dan enters the market!
From the perspective of the daily Ethereum chart, the market has consecutively closed bullish candles, the Bollinger Bands continue to widen upwards, and the mid-term upward channel structure is solid. The MACD has been operating above the zero line for a long time and continues to expand, indicating that the overall upward trend has solid continuation momentum.
In the four-hour cycle, the price quickly gained support after retracing to the short-term moving average, and the trading volume gradually decreased during the pullback phase, indicating limited selling pressure, which is a typical healthy technical pullback. Although the KDJ is in a high position, it has not yet formed a death cross, and the RSI remains in a strong range. After a short-term consolidation, there is still potential for further upside, with the possibility of testing new highs.
Overall, the current market is still clearly controlled by bulls, and the probability of trend continuation is relatively high. Therefore, the target for going long with fans at the current position is around 3350-3400.
Intraday focus: $PIEVERSE $SOL
