ETH is currently in a consolidation phase under bullish dominance.
Bullish logic: The trend line remains intact, the price is holding above the middle band of the Bollinger Bands, and it has just tested the previous high with a very shallow pullback, indicating strong buying momentum.
Trading focus:
Aggressive traders: Watch for stabilization opportunities around 2,170 - 2,175, aiming for a potential move higher toward 2,190.
Conservative traders: Wait for the price to retest the 2,120 - 2,140 zone (Bollinger Band middle line) to confirm support before entering, or wait for a confirmed breakout above 2,190 to chase the upward move.
Risk warning: If the price unexpectedly falls below 2,115, the short-term trend will weaken, and caution should be exercised regarding the potential filling of the lower gap. #加密市场回涨
Bullish logic: The trend line remains intact, the price is holding above the middle band of the Bollinger Bands, and it has just tested the previous high with a very shallow pullback, indicating strong buying momentum.
Trading focus:
Aggressive traders: Watch for stabilization opportunities around 2,170 - 2,175, aiming for a potential move higher toward 2,190.
Conservative traders: Wait for the price to retest the 2,120 - 2,140 zone (Bollinger Band middle line) to confirm support before entering, or wait for a confirmed breakout above 2,190 to chase the upward move.
Risk warning: If the price unexpectedly falls below 2,115, the short-term trend will weaken, and caution should be exercised regarding the potential filling of the lower gap. #加密市场回涨
