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Last night, Ethereum's four-hour chart showed a good performance. After successfully breaking through a key resistance level and stabilizing during the pullback phase, the support at this level is quite solid.
From a technical indicator perspective, the moving averages have formed a golden cross, and the Bollinger Bands are continuously expanding upward. Especially, the trading volume is increasing along with the price, indicating a strong bullish momentum overall.
From a trading standpoint, consider entering long positions in the 2920-2950 range, with a stop loss set at 2880. If the price can hold steady, the target levels above are 3040 and 3150, with the final resistance around 3270. This market trend still has room for imagination.