Looking at Ethereum's trend, it is currently trading at $3121, firmly above the $3100 level. This point is quite critical—once it stabilizes here, the subsequent upward potential will be fully unlocked.
From a technical perspective, two important moving averages, EMA7 and EMA30, recently formed a golden cross, which is a clear bullish signal indicating that the bulls are still very strong. Although the RSI value is somewhat high, capital continues to flow in, and market sentiment clearly leans bullish, which is quite interesting.
Entering a new week, Ethereum is likely to continue its upward movement. Technically, the first target is around $3400, and if it goes higher, $3600 is also within consideration. As long as it does not fall below $3070, the upward trend will basically remain intact.
Operationally, the suggestion is to enter in batches within the $3100-$3120 range, with a stop-loss set at $3070. This level is indeed worth confidently being bullish about. Short-term fluctuations are not a big concern; the overall direction is clear. The only thing to do now is to hold steady and wait to capitalize on this wave of market opportunity.
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GateUser-afe07a92
· 01-11 16:51
The golden cross indicates capital inflow. The rhythm is indeed right; hold steady and it's all good.
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SchroedingerGas
· 01-11 16:49
This level at 3100 should have been broken long ago; I've been waiting so long that my flowers have withered.
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RetailTherapist
· 01-11 16:41
The golden cross is back again. Every time it's hyped up like this, it breaks at 3070. The cycle repeats, brother.
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ProofOfNothing
· 01-11 16:36
Yeah, both a golden cross and a bullish trend, I've heard this set of words a hundred times already.
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Breaking 3070 is the real deal; now it's all just talk.
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Hold steady at 3100? Wake up, we also held steady yesterday.
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The strategy of entering in batches is the easiest to get trapped, a bloody lesson.
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Wait, this time RSI is so high, and it can still continue to surge, that's interesting.
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Who has verified the claim of capital inflow? Has the trading volume really increased?
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Hold steady? My USDT is already prepared, just waiting to see if it can pull back below 3100.
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3600? Wishful thinking or genuine potential? Let the bullets fly for a while.
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Haha, another bullish signal, my stop-loss order has already been placed.
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Golden cross, moving averages, but in the end, it still depends on whether the support levels can hold.
Looking at Ethereum's trend, it is currently trading at $3121, firmly above the $3100 level. This point is quite critical—once it stabilizes here, the subsequent upward potential will be fully unlocked.
From a technical perspective, two important moving averages, EMA7 and EMA30, recently formed a golden cross, which is a clear bullish signal indicating that the bulls are still very strong. Although the RSI value is somewhat high, capital continues to flow in, and market sentiment clearly leans bullish, which is quite interesting.
Entering a new week, Ethereum is likely to continue its upward movement. Technically, the first target is around $3400, and if it goes higher, $3600 is also within consideration. As long as it does not fall below $3070, the upward trend will basically remain intact.
Operationally, the suggestion is to enter in batches within the $3100-$3120 range, with a stop-loss set at $3070. This level is indeed worth confidently being bullish about. Short-term fluctuations are not a big concern; the overall direction is clear. The only thing to do now is to hold steady and wait to capitalize on this wave of market opportunity.