Recent trends and Technical Analysis, brothers, do you think we can reach 5000 before the end of the month?


Support level 4386 (Super Trend Indicator) 4300 psychological barrier, resistance level 4500 (Short-term Strength Boundary) short-term bullish sentiment is hindered, RSI on the 30-minute chart reached 76.14, short-term overbought triggered profit taking, if it falls below 4386, it may lead to further pullback.
Operational advice, conservative strategy, those without positions can observe, pay attention to the effectiveness of support at 4386-4400, those with positions need to set stop-loss (e.g., below 4386)
4320 enter with a light position, 4250 add to position, target 4550 stop loss set at 30 points
Enter at 4500, add at 4550, target 4350, stop loss 30
ETH is currently in a weak adjustment phase in the short term, but is supported by institutional demand and favorable regulations in the long term. Pay close attention to the key support level at 4386; if it breaks, it may continue to decline. If it stabilizes above 4500, there is hope to restart the upward trend and challenge the historical high of 4869.
#美7月PPI年率高于预期# #以太坊ETF突破300亿美元# #ETH# #SOL# #BTC#
ETH0.34%
SOL1.15%
BTC-1.44%
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GateUser-184b88f7vip
· 08-17 18:06
gooood
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SouthernSchoolZhongGevip
· 08-17 02:27
Brothers, let's get to work.
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