$ETH 1Will ETH reach 4000 by January 1? Let me offer a counterpoint.
A big-name influencer is calling for ETH to surge to 4000 within two weeks and hit 6500 by year-end.
Here are the numbers I’m looking at:
Current price: 2505.75. The range over the last 120 1-hour candles is 2406.11–2725.13, down 7.26% across that range.
Bollinger Bands: upper 2513.8, middle 2505.94, lower 2498.08. They’ve tightened considerably, as the market waits for direction.
Spot ETFs have seen net outflows for 9 consecutive days—the fund flows are going against the bullish calls.
My take:
1) It only counts as a move up if ETH holds above 2513
2) 2406 is the low for this move; break below it and forget about 4000
3) If you’re bullish, wait for ETF flows to turn positive first
No trading calls—just logging this for the record. I’ll come back at the end of the month and see how it played out.
Do you believe in 4000 or 2400?
#以太坊突破2500USDT #ETH #ContentMining
Just my personal opinion. Be aware of the risks, and DYOR
A big-name influencer is calling for ETH to surge to 4000 within two weeks and hit 6500 by year-end.
Here are the numbers I’m looking at:
Current price: 2505.75. The range over the last 120 1-hour candles is 2406.11–2725.13, down 7.26% across that range.
Bollinger Bands: upper 2513.8, middle 2505.94, lower 2498.08. They’ve tightened considerably, as the market waits for direction.
Spot ETFs have seen net outflows for 9 consecutive days—the fund flows are going against the bullish calls.
My take:
1) It only counts as a move up if ETH holds above 2513
2) 2406 is the low for this move; break below it and forget about 4000
3) If you’re bullish, wait for ETF flows to turn positive first
No trading calls—just logging this for the record. I’ll come back at the end of the month and see how it played out.
Do you believe in 4000 or 2400?
#以太坊突破2500USDT #ETH #ContentMining
Just my personal opinion. Be aware of the risks, and DYOR