Recent Ethereum Recovery Analysis and Operational Suggestions:
From a weekly perspective, the Ethereum market has successfully emerged from the bottom range, displaying a clear U-shaped reversal pattern. The candlestick has closed bullish for two consecutive weeks, indicating that bullish sentiment is gradually taking over.
Technical Analysis:
The MACD indicator shows that it has completely risen above the zero line, further strengthening the bullish trend signal.
Key resistance level: $3800, expected to challenge this level in the future.
Short-term support level: If the price pulls back to around $3450, it is a low-buy opportunity worth noting.
Operational Suggestions:
It is recommended to gradually position in spot trading during pullbacks, as the current stage belongs to the early phase of a surge. Every low-buy opportunity should be cherished, and patience is required to wait for the next strong upward trend.
