On the 4-hour level of Ethereum, the level briefly broke through the middle band of the Bollinger Bands following the data release. Currently, on the 4-hour chart, it is in a strong bullish rebound zone. To achieve a higher rally, it needs to stabilize above the middle band in the evening. Currently, there are 3 consecutive bullish candles on the 4-hour chart, indicating effective short-term support and a greater rebound opportunity. For short-term trading, long positions can be further laid out.

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🔥 Gate Square Event | #PostToWinLaunchpadKDK 🔥
KDK | The latest Gate Launchpad spotlight token
Before: stake USDT to join
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📅 Event Duration
Dec 19, 04:00 – Dec 30, 16:00 (UTC)
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Post on Gate Square (text, images, analysis, or opinions)
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🎨 Gate AI Creation Contest | One Sentence, Draw Your 2026
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1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
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📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
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