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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Dare to trade. Dare to win.
Currently, on the market data, after a rise in the four-hour level, a pullback has occurred, forming effective support near the middle band. The price is currently oscillating around 119400, with the Candlestick above the four-hour Bollinger middle band.
From a technical perspective, the bearish strength has slightly weakened, and there is a certain degree of contention between the bulls and bears in the market. However, I believe that the price will first experience a certain degree of correction before rebounding again. Therefore, for future operations, we still adhere to the idea of going long after a correction.
When the Bitcoin retraces to around 118800-118300, go long, targeting 121000-122500.