ETH just surged past 2700 on heavy volume—next stop, let's see 2710!
Brothers, $ETH this move is kind of interesting.
On the four-hour chart, it ran from 2694 to 2706—looks like the increase isn’t that big, right? But look at the last four 15-minute candles in the past hour: the very last one blasted straight up to 2707 and closed at 2705. The first three were all stuck between 2692 and 2696 grinding—this is the classic “squeeze for a long time, then sudden momentum.”
The most crucial signal is volume—over the last two hours of these four, the total traded volume jumped by more than 185% compared to the first two hours. Price moves up, and volume follows with a breakout—this isn’t a fake pump; real money is coming in.
That 2700 level has been suppressing things before, but now it’s finally held above it. My take is simple: as long as it doesn’t fall below 2690, we’ll keep looking long in the short term, and the first target is 2710.
Of course, you can’t call it in stone. If 2690 can’t hold, then this breakout is fake—if that happens, withdraw.
At this point, I’m choosing to stand with the bulls. ETH, go!
Brothers, $ETH this move is kind of interesting.
On the four-hour chart, it ran from 2694 to 2706—looks like the increase isn’t that big, right? But look at the last four 15-minute candles in the past hour: the very last one blasted straight up to 2707 and closed at 2705. The first three were all stuck between 2692 and 2696 grinding—this is the classic “squeeze for a long time, then sudden momentum.”
The most crucial signal is volume—over the last two hours of these four, the total traded volume jumped by more than 185% compared to the first two hours. Price moves up, and volume follows with a breakout—this isn’t a fake pump; real money is coming in.
That 2700 level has been suppressing things before, but now it’s finally held above it. My take is simple: as long as it doesn’t fall below 2690, we’ll keep looking long in the short term, and the first target is 2710.
Of course, you can’t call it in stone. If 2690 can’t hold, then this breakout is fake—if that happens, withdraw.
At this point, I’m choosing to stand with the bulls. ETH, go!
