$ETH is standing at the crossroads of bullish and bearish battles, and a crucial directional choice is about to unfold. From the 1-hour candlestick chart, although the overall trend remains under bearish pressure, the MACD indicator forming a golden cross at lower levels is like a glimmer of hope in the dark, signaling that short-term rebound momentum is quietly building up.
On the technical front, ETH is facing a clear watershed. The current price of 2284.41 is hovering near the middle Bollinger Band at 2287.21, making it a battleground for both bulls and bears. If it can break through with volume and establish itself above the middle band, it is likely to make a move towards EMA30 at 2300.43; conversely, if it faces resistance and falls back, it may seek support around 2265 to test the lows again.
In conjunction with the macro environment, although mainstream institutions are beginning to view crypto assets as hedging tools, which brings potential incremental capital expectations, the uncertainty in regulatory aspects still looms. This tug-of-war between macro narratives and regulatory realities makes it more likely for ETH to experience wide fluctuations within the 2265 to 2300 range in the short term, gathering strength.
As a seasoned trader who has been in the market for years, I firmly believe that every deep correction is a setup for the next stronger leap. Finding opportunities in panic and staying calm in euphoria is the only rule to navigate through bullish and bearish cycles. Want to know how I precisely position myself in this fluctuating market? Follow me, and I'll guide you to grasp the pulse of the market, ensuring you don’t miss any critical turning points.
#Tom Lee谈BitMine放缓ETH买入 $ETH
On the technical front, ETH is facing a clear watershed. The current price of 2284.41 is hovering near the middle Bollinger Band at 2287.21, making it a battleground for both bulls and bears. If it can break through with volume and establish itself above the middle band, it is likely to make a move towards EMA30 at 2300.43; conversely, if it faces resistance and falls back, it may seek support around 2265 to test the lows again.
In conjunction with the macro environment, although mainstream institutions are beginning to view crypto assets as hedging tools, which brings potential incremental capital expectations, the uncertainty in regulatory aspects still looms. This tug-of-war between macro narratives and regulatory realities makes it more likely for ETH to experience wide fluctuations within the 2265 to 2300 range in the short term, gathering strength.
As a seasoned trader who has been in the market for years, I firmly believe that every deep correction is a setup for the next stronger leap. Finding opportunities in panic and staying calm in euphoria is the only rule to navigate through bullish and bearish cycles. Want to know how I precisely position myself in this fluctuating market? Follow me, and I'll guide you to grasp the pulse of the market, ensuring you don’t miss any critical turning points.
#Tom Lee谈BitMine放缓ETH买入 $ETH