$ETH A callback is the chance to get in—brothers, charge!!!
As for ETH, it’s basically confirmed that the overall long-term trend has completed its reversal. From the perspective of the chart structure, there’s almost no room for argument. Judging from the larger timeframe, the range below 1600 has effectively become history. In the short term, it’s unlikely to revisit those lows again. Conservatively speaking, wanting to see prices below 1600 once more is already extremely difficult.
Now looking at ETH: the previous round of weekly-level oversold rebound has already ended. The high point of this rebound has been set at 2626. After the market switched, we are now officially entering a new 15-day oversold rebound cycle. The first target range for this rebound is 3280–3400. The key points to watch going forward are 2660. As long as price can hold this level effectively, the bulls will follow through and launch an attack toward the 3000 psychological level. Once the 3000 level is broken effectively, it will officially open the upward path toward the monthly high point of 4200. The huge upside space above is already right in front of us.
In terms of the overall market structure: although historically it’s always BTC that leads the timing of the whole crypto market, at this stage ETH’s strength is clearly outperforming BTC. However, the direction of both their medium- to long-term major trends remains perfectly aligned, so there’s no need to doubt it—BTC will inevitably catch up and play catch-up with this bull move. SOL also follows the same set of medium- and long-term logic, and we’re seeing bullish development there as well. #Clarity法案9月15日程序性投票
As for ETH, it’s basically confirmed that the overall long-term trend has completed its reversal. From the perspective of the chart structure, there’s almost no room for argument. Judging from the larger timeframe, the range below 1600 has effectively become history. In the short term, it’s unlikely to revisit those lows again. Conservatively speaking, wanting to see prices below 1600 once more is already extremely difficult.
Now looking at ETH: the previous round of weekly-level oversold rebound has already ended. The high point of this rebound has been set at 2626. After the market switched, we are now officially entering a new 15-day oversold rebound cycle. The first target range for this rebound is 3280–3400. The key points to watch going forward are 2660. As long as price can hold this level effectively, the bulls will follow through and launch an attack toward the 3000 psychological level. Once the 3000 level is broken effectively, it will officially open the upward path toward the monthly high point of 4200. The huge upside space above is already right in front of us.
In terms of the overall market structure: although historically it’s always BTC that leads the timing of the whole crypto market, at this stage ETH’s strength is clearly outperforming BTC. However, the direction of both their medium- to long-term major trends remains perfectly aligned, so there’s no need to doubt it—BTC will inevitably catch up and play catch-up with this bull move. SOL also follows the same set of medium- and long-term logic, and we’re seeing bullish development there as well. #Clarity法案9月15日程序性投票
