There is no reason to be bearish on Ethereum now! #ETH #ETH走势分析
Ethereum has performed slightly weaker than Bitcoin recently, but its structure is not bad.
In the past two months of high-level fluctuations, the main trend was a volatile decline. After the pin broke out of a new low in mid-April, the high point began to gradually rise, forming a convergent triangle structure.
The larger the cycle of the convergent structure, the better, and the longer the time, the better. I think this convergent structure is sufficient. The upward breakthrough, retracement, and breakthrough of the previous high point in the past few days are all strong signals.
There is no reason to be bearish on Ethereum anymore. The next target is 3300, 4000$ETH