#山寨币走势展望
ETH new trend: is it a trend reversal or a false alarm?
Ladies and Gentlemen, ETH's recent trend is quite interesting, breaking through the downward trend line directly. Are the bears going to be defeated? Don't worry, let's analyze the key points to see whether to enter the market or wait.
ETH bulls have a small victory, aiming at $4098?
Current trend highlights:
ETH successfully broke through the downward trend line, which shows that the buyer is a bit aggressive. If the price can stand firmly above the trend line, there may be two steps to go next:
First, rush to $3900.
Then, test the key resistance level of $4098, where sellers are likely to hold on.
What to do after the breakthrough?
In the short term: If the price can stabilize near the trend line, you can gradually enter the market near $3460, with the target set at the range of $3900 to $4098.
There is still a chance for bears, and key support must be kept a close eye!
However, don't ignore another possibility: if the bulls can't hold on and the price falls back below the trend line, it means that the bears are still trying to suppress the price, and we have to be careful.
First support level: look at the 20-day moving average ($3,262). If this price can't hold, ETH may go straight to $3,000.
Short strategy: If the price falls back below the trend line, open a short order when it rebounds, and set the target at $3,200 first, and then look at $3,000 after it breaks.
In summary: stay calm and distinguish between long and short opportunities
Ladies and gentlemen, the key point of ETH is:
Stand above the trend line, maintain a strong bullish pattern, and target $3,900 to $4,098.
If the trend line is broken and the bears are in charge, then you have to look at $3,200 or even $3,000.
Remember, don't rush to chase the rise and fall when trading, and wait for the correction or breakthrough to be confirmed before entering the market. Having a plan and a strategy is what makes a real expert!
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