Ethereum's current correction has basically completed, and the price quickly rebounded after testing the mid-line support. The K-line closed with a clear long lower shadow at the low position, indicating that the buying strength below is solid, laying the foundation for the subsequent upward breakthrough. From the hourly chart, the three bands of the Bollinger Bands are generally extending upward, and the price is showing a oscillating upward trend while continuing to rise, with a clear overall bullish pattern and steady upward momentum.
It is recommended to go long around 3140 and 3170, with the first target at 3270, and a breakout target at 3330.
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Ethereum's current correction has basically completed, and the price quickly rebounded after testing the mid-line support. The K-line closed with a clear long lower shadow at the low position, indicating that the buying strength below is solid, laying the foundation for the subsequent upward breakthrough. From the hourly chart, the three bands of the Bollinger Bands are generally extending upward, and the price is showing a oscillating upward trend while continuing to rise, with a clear overall bullish pattern and steady upward momentum.
It is recommended to go long around 3140 and 3170, with the first target at 3270, and a breakout target at 3330.