Market Status: ETH surged today, and market sentiment is very hot.
Market Sentiment Frenzy:
Bullish sentiment completely dominates the market, with bulls willing to pay higher prices.
Technical Outlook is Strong: Key indicators (such as MACD) form a "golden cross," indicating strong upward momentum, and the price has far exceeded the short-term moving averages.
Immediate Positive News: A project called ETHGas is about to issue tokens and airdrop, which directly increases the attention and activity on the Ethereum network itself, becoming a "catalyst" for the rise.
In simple terms: The market has shifted from "wait-and-see" to "chasing the rally," and the short-term trend is very strong. However, it is important to note that the short-term rally is rapid, and attention should be paid to the new resistance around $3,400, with caution for possible technical pullbacks.
Eth: Short position around 3350-60, break resistance at 3400 with stop-loss, target 3310-3250$BTC $ETH $ETH #GateTradFi上线
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Market Status: ETH surged today, and market sentiment is very hot.
Market Sentiment Frenzy:
Bullish sentiment completely dominates the market, with bulls willing to pay higher prices.
Technical Outlook is Strong: Key indicators (such as MACD) form a "golden cross," indicating strong upward momentum, and the price has far exceeded the short-term moving averages.
Immediate Positive News: A project called ETHGas is about to issue tokens and airdrop, which directly increases the attention and activity on the Ethereum network itself, becoming a "catalyst" for the rise.
In simple terms: The market has shifted from "wait-and-see" to "chasing the rally," and the short-term trend is very strong. However, it is important to note that the short-term rally is rapid, and attention should be paid to the new resistance around $3,400, with caution for possible technical pullbacks.
Eth: Short position around 3350-60, break resistance at 3400 with stop-loss, target 3310-3250$BTC $ETH $ETH #GateTradFi上线