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Ethereum surges by 200 points—long positions in the layout ride the trend and get taken!
From the current 4-hour chart, ETH has already carved out a strong upward trend. It has launched a powerful rally from low levels, with an intraday gain of nearly 5%. Funds continue to flow in, and it has already risen to the resistance zone of the previous high. From a technical perspective, the moving averages are in a bullish alignment and continue to diverge upward. During any pullback, the support below is clearly holding, which indicates strong buy-side momentum with no signs of weakening. At the moment, it looks more like consolidation at high levels and building momentum in preparation for a subsequent breakout.
Even if there is some fluctuation in the short term, it’s more likely just a shakeout and does not affect the overall upward trend.
On the trading plan: it’s recommended to continue following the trend—buy on pullbacks and look for entries. $BTC : Consider taking long positions in batches around 73,500–73,800, with targets toward 75500$ETH : 2320–2350. Consider laying out long positions around 2320–2350, targeting 2420.
$BTC$RAVE #Gate13周年Dr.Han公开信 #加密市场回升