📣 The Ethereum upward channel has formed, and I suggest everyone to enter long positions during the pullback! 📈

　　Today, Ethereum has once again broken through to a new high. I emphasized in my post last night that Ethereum has already departed from Bitcoin's trajectory, and is moving independently. The current trend just confirms my prediction. From the current market performance, Ethereum still has room to rise. Based on previous trends, with Bitcoin above $70,000, the normal price for Ethereum should be around $4,000. However, Bitcoin is now approaching $100,000, while Ethereum is still at $3,600. There is still significant upside potential for Ethereum in the future, and I continue to suggest a bullish outlook! Additionally, the long position set up for Ethereum yesterday successfully profited again!

　　【Analysis of Ethereum Price Trend in Four Hours】

　　K-line Pattern:

　　Recent K-lines show a clear upward trend, especially the large bullish candlestick on November 27th that broke the previous high of 3688. On November 28th, there was a slight pullback, but overall it remains in a strong area.

　　Technical Indicators:

　　MACD: In the 4-hour cycle, both DIF and DEA are diverging upwards, and the MACD histogram is positive, indicating that the current market is in a bullish trend.

　　RSI: The RSI 14 is currently around 65, close to the overbought zone, but has not yet entered an extreme overbought state, suggesting that upward momentum still exists.

　　EMA: The price is above EMA7, EMA30, and EMA120, and the EMA moving averages are in a bullish arrangement, supporting a continued bullish outlook.

　　On the evening of 11/28, a stable profit layout for Ethereum: It is recommended to enter long positions around 3560-3580, with take profit points at 3620-3650. If it continues to break through, the target is above 3700! If there is a pullback, it is suggested to add to positions around 3530, with target points at 3590-3620!

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