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Peter ETH 1003 market analysis
The long position mentioned earlier has been continuously profiting!!
ETH has approached the upper trendline of the bull flag structure, which serves as a resistance level along with the significant 120K resistance test for Bitcoin. It is very likely to have rebounded to this level. If there is a pullback, we can temporarily look for support around the middle band position, which is approximately 4200. Once the bull flag breaks out, it will aim for historical highs or even higher!!!
#ETH