$ETH had an exciting performance yesterday, successfully breaking through the key resistance level of $2,600.
At a time when many are pessimistic about Ethereum, its price is climbing at an alarming rate.
Currently, Ethereum’s daily chart is close to the pressure level of the weekly MA60 daily moving average ($2,670). If it can effectively break above this level, it may continue to rise and test the previous high price range of $2700-2730.
From the perspective of short-term trends, Ethereum’s strong performance shows that it is expected to move towards higher goals once it reaches the key resistance level.
Additionally, it is worth noting that the recent rise in Bitcoin has significantly boosted the performance of cryptocurrencies such as Ethereum. Therefore, in the next market situation, you can still make arrangements around bulls and pay close attention to market dynamics.
Operation suggestion: It is expected to consider entering long orders in the 2560-2530 range.
