Is everyone still feeling a bit confused about ETH's recent trends? Let Xiao Yao give you some insights next. [Wish Star]
First, let's look at Chart 1, which shows the 4-hour trend of ETH. From the low point of 2149 on September 7, the subsequent points have been higher than the previous low. Although many in the market are bearish, it’s important to stay firm. Currently, the low point of 2380 today could be a good entry opportunity, while the high point resistance is around 2800. Therefore, Xiao Yao suggests entering long positions near 2380, with a conservative target profit space of around 200 points above, and a stop loss recommended below 2300.
In Chart 2, confirming the viewpoint, you can see that the weekly candlestick has been closing higher each week. The market outlook remains bullish. If you still have any questions about the current market, feel free to reach out to Yao Yao. See you next time! [Effort] #$ETH