Wen Xi's morning Ethereum outlook $ETH #ETH走势分析
Ethereum's movement is linked with Bitcoin, quickly rebounding after a drop to a low of 3065. The four-hour K-line has not broken the short-term moving average, and the lower Bollinger Band at 2773.83 forms strong support. Bearish volume is shrinking, and selling pressure is insufficient, with the pullback being merely a technical correction. Currently, Ethereum is entering a slow recovery phase following Bitcoin, with clear signs of capital inflow.
Operation suggestion: 3120~3140 long
Target: 3200, 3250
(Personal opinion, for reference only)
