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Building a solid foundation with momentum, the phoenix sings across the nine heavens; sink low, store strength, and ETH’s steady rise is within reach
Last night and this morning, Ethereum saw mild, choppy consolidation in the high-range zone. After a small pullback, it quickly stabilized and rebounded, with no deep dip. The weekly chart remains in an upward trend. This current consolidation is merely washing out weak hands and building fuel for an upward push—overall, the bullish structure is very solid.
On the daily timeframe, the full uptrend is intact. Key support is solid and effective, and the medium-term bullish direction remains unchanged. In the 4-hour cycle, buy-side follow-through is strong; bearish momentum keeps fading. The signal for a bullish counterattack is clear. After breaking through the 2400 level, the upside space will be fully opened.
On Wednesday morning, the suggested ETH plan: take a light long position around 2300, add to positions if it pulls back in the 2290-2280 range, and go with the trend. For defense, set the stop-loss uniformly below 2250. Target levels: first target 2400; after a break and stabilization, then follow the trend to look toward the 2480 level.
Only with steadiness in your heart can you move steadily and go far; follow the trend, and you can ride the wind upward. Keep your position rhythm, hold patiently—the trend will ultimately not disappoint every act of staying firm. $BTC