🚀 ETH Market Update: Major Bottoming vs. Hourly Line Frontline, Who Will Win?
1️⃣ Macroeconomic Situation: Reversal Emerging on 4H Chart
·Double Bottom Confirmed: ETH tested the lows twice around $1,740$, solidifying a strong support level.
·Trend Reversal: Price has decisively broken through the long-term downtrend line, officially shifting market sentiment from bearish to the initial stage of “Always In Long.”
·Long-term Target: If Leg 2 erupts, the upside potential could reach $2,265$ or even $2,389$.
2️⃣ Mid-term Focus: 1H EMA Battle
·Main Battlefield: Currently, the price is tightly hugg
View Original