On the 4-hour chart, after Ethereum dropped to around 2900, it quickly rebounded, showing that the support around 3000 is very strong. Technically, the MACD is about to form a golden cross, with both the DIF and DEA above the zero axis, indicating bullish momentum is about to strengthen.
Operation suggestion: Accumulate in the 2900-3000 range Target: 3150-3270
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12.8 ETH Morning Market Analysis
On the 4-hour chart, after Ethereum dropped to around 2900, it quickly rebounded, showing that the support around 3000 is very strong. Technically, the MACD is about to form a golden cross, with both the DIF and DEA above the zero axis, indicating bullish momentum is about to strengthen.
Operation suggestion: Accumulate in the 2900-3000 range
Target: 3150-3270
$ETH