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#数字资产市场动态 $BTC and $ETH this wave of market movement is quite interesting. Ethereum's four-hour chart has just pulled up from the bottom, with consecutive bullish candles closing nicely. Now the price is steadily above the middle band of the Bollinger Bands — this position is very critical.
From the support perspective, the defense line around 2955 is quite solid, with the lower Bollinger Band at 2896 providing additional support. What about the resistance? The upper Bollinger Band at 3015 is the first level to break through. Currently, this pattern is a typical consolidation phase, with bulls and bears still battling.
If you want to participate in this rebound, you can open a small long position at the current price. The first target is around 3015, with a stop-loss set at 2890. The market works like this — with support and resistance, just stay calm and steady.