ETH surged significantly in the morning, reaching close to 4200 at one point, completely disappointing the expectations of the bears, while the upward momentum of the bulls has been steadily released.
From the daily perspective, since the rebound from the bottom, the bulls have been gaining strength and have successfully broken through the key middle track resistance, providing upward space for the subsequent trend.
In terms of operation, it is recommended to consider going long when ETH falls back to around 4090 or 4140, with initial targets looking at around 4250 and 4300. If it can successfully break through this range, then look further up at the 4400 level. #你最看好哪个GateFunMeme?
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10.27 Morning ETH Analysis
ETH surged significantly in the morning, reaching close to 4200 at one point, completely disappointing the expectations of the bears, while the upward momentum of the bulls has been steadily released.
From the daily perspective, since the rebound from the bottom, the bulls have been gaining strength and have successfully broken through the key middle track resistance, providing upward space for the subsequent trend.
In terms of operation, it is recommended to consider going long when ETH falls back to around 4090 or 4140, with initial targets looking at around 4250 and 4300. If it can successfully break through this range, then look further up at the 4400 level. #你最看好哪个GateFunMeme?