Does Ethereum need to break 4200? Ethereum finally broke through the small bull high of 4098 from today’s February and March wave, reaching a maximum of 4109, then retracing all the way down to a minimum of 3942 before starting to fluctuate! Currently, it has just hit the 1h MA30 moving average, and it has also just retested the upward trendline! Therefore, Hunter believes that the support at this position is valid! If it falls below this support, pay attention to the key support at 3982! Now, let's look at ETH's daily K-line. From the daily perspective, ETH has already increased in volume and formed a bullish candlestick yesterday, and the 1️⃣h bullish trend is strong, so Hunter has reason to believe that ETH will continue to fluctuate upwards to test and break through the previous high!
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