$ETH keeps getting praised for “solid fundamentals” and a “new era of DeFi”. Everyone’s already on board, but the price action tells a different story.
On the 4‑hour chart the market is carving higher highs, while the 1‑hour also sits above the 50‑MA. The bullish momentum is genuine, not just hype. The recent pull‑back gave us a clean, low‑risk entry window.
I’m looking at 2,701.45‑2,712.27 as the sweet spot. First target at 2,736.82, then 2,760.79, and finally 2,784.76. Stop sits at 2,676.90, just below the recent swing low, so risk is limited.
Do you think the next wave will break the 2,800 barrier or will the market bite the dust at the next resistance?
On the 4‑hour chart the market is carving higher highs, while the 1‑hour also sits above the 50‑MA. The bullish momentum is genuine, not just hype. The recent pull‑back gave us a clean, low‑risk entry window.
I’m looking at 2,701.45‑2,712.27 as the sweet spot. First target at 2,736.82, then 2,760.79, and finally 2,784.76. Stop sits at 2,676.90, just below the recent swing low, so risk is limited.
Do you think the next wave will break the 2,800 barrier or will the market bite the dust at the next resistance?