ETH 2070 Is this sideways movement a buildup or the final lure?
From the screenshot, ETH stopped falling at the 1,800 level and then started a violent one-way correction, currently at 2,070.82. Although this "straight line" rally is fierce, don't let emotions cloud your judgment: Structural Analysis: The 4-hour chart shows this rally is too straight, and the volume (VOL) did not continue to increase after the first large bullish candle, but slightly contracted. This indicates that off-market funds are showing a clear wait-and-see attitude before the dense supply zone at the previous high of 2,151. Key Level Quantification: Strong resistance above is in the 2,150 - 2,190 range. The first attempt to break through here will likely face a sharp pullback. The support level below has now moved up to 2,000 - 2,020. As long as it doesn't break this platform, the bulls still control the situation. Trading Guide: Don't try to catch a falling knife halfway up the mountain. Aggressive traders can try to take partial profits around 2,130; conservative traders should wait for a volume contraction and a pullback near 2,030 to observe support strength before deciding whether to enter. Master's View: This is the first breakthrough after a strong shift. It's the most intense moment of bullish and bearish divergence. If it holds, the target is 2,300; if it can't hold, a pullback to 1,950 is also for a healthier rise. Do you think Ethereum can hold steady at 2,100 tonight with a strong push, or will it pull back first to catch buyers? #BTC #ETH #以太坊行情 #实战笔记 #Structural Observation ⚠️ The views are for reference only and do not constitute investment advice.
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BTCMasterMa
· 5h ago
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Do you think Ethereum can hit and hold 2,100 tonight, or will it pull back first to gather support?
ETH 2070 Is this sideways movement a buildup or the final lure?
From the screenshot, ETH stopped falling at the 1,800 level and then started a violent one-way correction, currently at 2,070.82. Although this "straight line" rally is fierce, don't let emotions cloud your judgment:
Structural Analysis: The 4-hour chart shows this rally is too straight, and the volume (VOL) did not continue to increase after the first large bullish candle, but slightly contracted. This indicates that off-market funds are showing a clear wait-and-see attitude before the dense supply zone at the previous high of 2,151.
Key Level Quantification: Strong resistance above is in the 2,150 - 2,190 range. The first attempt to break through here will likely face a sharp pullback. The support level below has now moved up to 2,000 - 2,020. As long as it doesn't break this platform, the bulls still control the situation.
Trading Guide: Don't try to catch a falling knife halfway up the mountain. Aggressive traders can try to take partial profits around 2,130; conservative traders should wait for a volume contraction and a pullback near 2,030 to observe support strength before deciding whether to enter.
Master's View: This is the first breakthrough after a strong shift. It's the most intense moment of bullish and bearish divergence. If it holds, the target is 2,300; if it can't hold, a pullback to 1,950 is also for a healthier rise.
Do you think Ethereum can hold steady at 2,100 tonight with a strong push, or will it pull back first to catch buyers?
#BTC #ETH #以太坊行情 #实战笔记 #Structural Observation
⚠️ The views are for reference only and do not constitute investment advice.