12.5 Cryptocurrency Circle Mr. Coin: Ethereum (ETH) Market Analysis Reference

Ethereum has experienced a strong rebound after a daily pullback, with the current price continuously climbing upward, having broken through multiple levels of resistance. Bullish sentiment is warming up, and the current high is approaching the 3892 level. As of now, Ethereum has risen nearly 200 points, and the market is expected to return to the area above 4000.

In the short-term 4-hour chart, there have been eight consecutive bullish candles, indicating strong bullish sentiment. The market continues to move upward, having broken through the upper resistance, and it is highly likely that the price will continue to rise. Therefore, it is recommended to follow the trend in operations. The key resistance level above is at 4000; if broken, the market is expected to further rally. If not broken, the market will face pressure and retrace, marking the end of this upward momentum. All subsequent operations should avoid blindly chasing after growth if the resistance level is not broken. The main focus should be on pullbacks.

24.5 Short-term Reference for Ethereum:

Short Position: Short at 3950-3910, defend at 4050, stop loss: 4080, target below 3850,

Long Position: Focus on the range of 3680-3730, stop loss 50 points, target above 3720,

The message may be delayed, and the strategy suggestions are for reference only. The market changes rapidly; regardless of how confident you are in market judgment, always set your take profit and stop loss levels to secure your gains. #ETH🔥🔥🔥🔥 #下一个换谁涨？ $BTC $ETH