Ethereum is currently still in a bottom rebound cycle, with no clear top signals observed, and the market is expected to continue a fluctuating upward trend.
Structurally, the current trend can be viewed as a channel-type flag consolidation. The ascending wave has not broken below the lower channel line, nor has it formed a top structure. Overall, the bullish perspective remains dominant.
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Ethereum is currently still in a bottom rebound cycle, with no clear top signals observed, and the market is expected to continue a fluctuating upward trend.
Structurally, the current trend can be viewed as a channel-type flag consolidation. The ascending wave has not broken below the lower channel line, nor has it formed a top structure. Overall, the bullish perspective remains dominant.
In terms of operation, the current price of 2890 can directly set up a long position, targeting around 3200.
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