#GateChristmasGiveaway

Ethereum's recent move is quite interesting~

I mentioned yesterday that if the price touches 2990 again, it's highly likely to break upwards. After the breakout confirmation, going long on the right side is a good choice. The first target we discussed during today's session is 3060.

A friend asked me this afternoon whether to close the short position near 3060. My initial thought was not to rush to close it and to look down to the 2990-3000 range. Now the price has indeed returned to this support zone.

This support has actually shifted slightly downwards; the area around 2990-2980 is quite critical, and it may complete an exchange of support and resistance. It's worth keeping an eye on.

Structurally speaking, higher highs have already been made, and the bullish arrangement is still continuing!