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#香港稳定币监管框架 has broken through 3000, reaching a high of 3057, and is currently stable above 3020.
In the early session, this wave of rise saw Ethereum's increase significantly outperforming Bitcoin. I made over 200 points profit on my long position, which means I caught the rhythm.
From the daily perspective, the price directly touched the upper Bollinger Band at the 3031 position, refreshing recent highs. The bullish pattern has been established. The MACD has formed a second golden cross above the zero axis, and the red momentum bars continue to expand, with no signs of weakening in the upward trend for the time being. However, the RSI has surged to 71.97, entering the overbought zone, indicating short-term pullback pressure.
The four-hour cycle allows for a clearer view of the details - the Bollinger Bands are expanding upwards, and the price is running closely along the upper band, which is a strong bullish characteristic. The MACD remains diverging upwards, showing no signs of a top divergence. Several pullbacks have found support near the middle band at 2905, indicating strong buying support.
However, the risk of chasing highs is too great. It is more prudent to wait for the price to stabilize in the 2980-3000 range before placing long orders, with a short-term target of 3040-3050.
Additionally, continuously observe the trends of $ETH and $RVV .