$ETH
Brothers,
Ethereum is truly powerful.
Its Q3 growth was 70.9%,
far outpacing the broader market.
Back then in July,
many people were still saying,
“Is Ethereum done for? It’s not行 anymore.”
But once it started to pick up momentum,
it still became a solid standout asset of this quarter.
The main reasons are:
First, the market’s preference has swung back.
Now capital is focusing again on the second-largest crypto asset.
Second, there’s an increase in inflows into spot ETFs.
And third, the ecosystem’s heat is back.
The activity on the DeFi chain has rebounded,
so the market has repriced Ethereum’s narrative again.
All these factors have made Ethereum genuinely strong:
it rises a bit more than Bitcoin,
and when it falls, it drops a bit less than Bitcoin.
It’s still very resilient.
Ethereum’s current situation:
Right now, Ethereum is trading back and forth between 2660 and 2743.
From the three rising waves a, b, and c so far,
there has already been divergence.
That means divergence has appeared on the 4-hour level.
It’s not moving up anymore.
Now either it breaks out and forms a bigger-level consolidation range,
or it goes into a pullback.
I think the higher probability is that it forms a larger-level consolidation range.
But on the daily chart and above, the outlook remains bullish.
The uptrend for the bulls hasn’t changed.
However, there’s still a need for a retest of the trendline.
When there’s no action,
we can only scalp.
You can do some swing trades within the trading range.
Sharing today’s long/short ideas:
2743 can be short
2760 can add in batches
Stop loss: set at 2780
Take profit: 2721-2697-2675-2653-2628
2662 can be long
2640 can add in batches
Stop loss: set at 2625
Take profit: 2683-2705-2727-2749-2771
When placing orders, always include a stop loss.
Do not hold against the position.
#以太坊三季度涨70.9%
Brothers,
Ethereum is truly powerful.
Its Q3 growth was 70.9%,
far outpacing the broader market.
Back then in July,
many people were still saying,
“Is Ethereum done for? It’s not行 anymore.”
But once it started to pick up momentum,
it still became a solid standout asset of this quarter.
The main reasons are:
First, the market’s preference has swung back.
Now capital is focusing again on the second-largest crypto asset.
Second, there’s an increase in inflows into spot ETFs.
And third, the ecosystem’s heat is back.
The activity on the DeFi chain has rebounded,
so the market has repriced Ethereum’s narrative again.
All these factors have made Ethereum genuinely strong:
it rises a bit more than Bitcoin,
and when it falls, it drops a bit less than Bitcoin.
It’s still very resilient.
Ethereum’s current situation:
Right now, Ethereum is trading back and forth between 2660 and 2743.
From the three rising waves a, b, and c so far,
there has already been divergence.
That means divergence has appeared on the 4-hour level.
It’s not moving up anymore.
Now either it breaks out and forms a bigger-level consolidation range,
or it goes into a pullback.
I think the higher probability is that it forms a larger-level consolidation range.
But on the daily chart and above, the outlook remains bullish.
The uptrend for the bulls hasn’t changed.
However, there’s still a need for a retest of the trendline.
When there’s no action,
we can only scalp.
You can do some swing trades within the trading range.
Sharing today’s long/short ideas:
2743 can be short
2760 can add in batches
Stop loss: set at 2780
Take profit: 2721-2697-2675-2653-2628
2662 can be long
2640 can add in batches
Stop loss: set at 2625
Take profit: 2683-2705-2727-2749-2771
When placing orders, always include a stop loss.
Do not hold against the position.
#以太坊三季度涨70.9%
