Last night's market update: $BTC $ETH $BNB



Ethereum has shown many highlights this week. The price has been steadily climbing from earlier lows, breaking through multiple key resistances, and only experiencing a technical correction after approaching the previous high. Interestingly, this correction was not large, and the price quickly found support and rebounded. Currently, it is in a consolidation phase, with lows gradually rising and highs continuously being refreshed. The bullish pattern remains quite clear.

Looking at the daily chart's technical performance: The Bollinger Bands have clearly expanded upward, and the price is steadily operating near the upper band. The MACD above the zero line is even more interesting; not only is the volume increasing significantly, but the two lines are also maintaining a golden cross upward, indicating that bullish momentum is still accumulating and the trend features are quite prominent.

In terms of trading strategy, you can gradually build long positions in the 3280-3300 range, with the first target at 3400. If this level is effectively broken, you can continue to look for room around 3500.
BTC0,05%
ETH1,31%
BNB-0,12%
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MentalWealthHarvestervip
· 5h ago
Bollinger Bands opening so aggressively, it feels like another surge is coming ETH's consolidation this time is indeed comfortable, a low point lift pattern like this makes it easy to make money Is it true to go long at 3280? I feel like it might drop a bit more... MACD golden cross with increasing volume, the bulls haven't run away, continue to wait and see for a rebound Target 3500? Overestimating, let's see if it can hold above 3400 first This technical analysis is quite detailed, but it still depends on the funding situation, don't just look at indicators The routine of support rebounds has become boring, saying the same every time Low points lift and high points refresh, sounds good, but I'm just worried it might crash someday ETH has been really strong this week, but unfortunately I don't have much ammo to follow up I think the 3300 range is a bit high, maybe wait a bit longer
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MEVictimvip
· 5h ago
Bollinger Bands are opening so wide, and the golden cross is still firmly sticking to the zero line. Sister, this time it's really time to get on board. --- Waiting to see if 3280 can be broken before entering more positions; let's see if 3200 can hold first. --- It's again about building positions in batches and dreaming of 3500. We said the same last year, hahaha. --- Wait, with the low points rising and the highs being refreshed, this kind of narrative sounds a bit familiar. --- The MACD volume is so obvious; it feels like this wave is a bit different. --- Can 3400 really break? It feels like it's been stuck there for a long time. --- Having a clear trading idea is good, but I'm afraid of a reverse hit like last night, so I can't go all in. --- The bullish pattern is clear, but I still prefer to wait and see for stronger signals. --- I'm a bit tempted to catch the bottom, but I still need to wait for confirmation. --- I've noted the 3280 level; let's see if it really rebounds.
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MetaverseLandlordvip
· 5h ago
This Bollinger Band opening is really fierce, it feels like it's about to take off. ETH is doing pretty well, if it hits 3280, it's all over. Really? MACD is a golden cross again, can we make money with a daily golden cross? The lows are rising, this is the bullish trend we want. If 3500 can really be broken, I’ll consider you a genius. We've laid out the plan, now just see if 3400 can hold. This technical setup is a bit too perfect, caution is wise. Consolidation and accumulation sound good, but I'm just worried about fake signals.
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