[Market Overview]


On the daily level, Ethereum closed with a strong bullish candle last night, successfully breaking through the upper limit of the previous consolidation range, sending out positive signals. However, today's market has seen some pullback, with the daily chart currently showing a bearish candle, indicating that the short-term upward momentum has slowed down, and attention needs to be paid to the subsequent volume situation.

On an hourly basis, the price has recently continued to oscillate at a high level in the 4750-4700 range, with multiple attempts to break through failing to form an effective breakout, indicating that both bullish and bearish sides are locked in a stalemate in the current area, and the direction remains to be clarified.
[Operation Idea

Consider gradually building long positions in the 4680-4640 range, with a target towards the 4760-4840 area. It is recommended to set risk control below 4620. #Token of Love广场打CALL赢门票#
ETH1.05%
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