From early yesterday morning, it surged all the way up to the current 4140, a strong increase of over 120 points. The 4-hour chart shows that the market has established a clear strong upward pattern.
If the price can successfully recover and stabilize above the middle-upper track in the short term, it will be a strong signal that the market is about to reverse.
The intraday K-line is rising with a strong bullish candle, and its trajectory has returned to between the middle and upper bands, showing a strong willingness to impact and test the upper band boundary.
Recommendation: Long near 4060-4090, target 4150, 4200, 4300
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9.29 Morning ETH Analysis:
From early yesterday morning, it surged all the way up to the current 4140, a strong increase of over 120 points. The 4-hour chart shows that the market has established a clear strong upward pattern.
If the price can successfully recover and stabilize above the middle-upper track in the short term, it will be a strong signal that the market is about to reverse.
The intraday K-line is rising with a strong bullish candle, and its trajectory has returned to between the middle and upper bands, showing a strong willingness to impact and test the upper band boundary.
Recommendation: Long near 4060-4090, target 4150, 4200, 4300