CryptoTherapist
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Recently, the trend of Ethereum has attracted the attention of many investors. As a market observer, I remain optimistic about the prospects of Bitcoin and Ethereum. However, the market will not immediately react to personal opinions; this requires time and patience.



From a technical analysis perspective, the hourly chart of Ethereum currently presents an interesting wave pattern. According to wave theory analysis, it seems to be in the third wave of the upward phase. Although the specific peak of this wave segment is difficult to predict, it is worth noting that any pullback should not break below the low of the second wave; otherwise, this five-wave upward structure will face failure.

In terms of specific operational suggestions, investors can follow the breakout around $2427. If a volume breakout occurs, consider going long. Conversely, if a volume drop happens around the $2420 level, it may be necessary to consider going short. In any case, closely monitoring the changes in trading volume and setting reasonable stop losses is crucial.

If Ethereum can firmly stand above $2433, the next target range may be $2463-$2501. However, only a real breakout above $2433 can confirm this upward trend. On the other hand, from the 4-hour chart perspective, if the price falls below $2391, it may further dip into the $2349-$2315 range.

From a longer-term daily perspective, if Ethereum can break through the recent formation of two doji candlestick patterns, it may enter a new, higher consolidation range. This will mark a breakout from the current consolidation area and lay the foundation for future further increases.

Overall, the market requires patience to wait. Whether bullish or bearish, judgments should be based on technical analysis and market performance, rather than solely relying on personal expectations. In this uncertain market, it is crucial to remain calm and rational.
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AirdropBuffetvip
· 07-01 10:46
Just waiting for the final madness.
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AirdropHarvestervip
· 07-01 09:39
The main rise is here, let's make a big wave.
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QuorumVotervip
· 07-01 02:08
The market maker is making it too complicated, right...
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GasFeeSobbervip
· 06-28 12:51
Wait, still splashing in the pool.
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LongTermDreamervip
· 06-28 12:50
Waiting for long order opportunities
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0xLuckboxvip
· 06-28 12:49
The All in monster who can't control their hands
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LiquidationKingvip
· 06-28 12:46
Fall through and cash out, who waits for whom is foolish.
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PonziDetectorvip
· 06-28 12:44
Just trade steadily with this trend.
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GateUser-d64e6eeevip
· 06-28 12:43
Buckle up, we're about to To da moon 🛫
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StablecoinGuardianvip
· 06-28 12:41
Just keep trapping and it's done.
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