The Ethereum market has been performing impressively recently. The latest market data shows that although it briefly pulled back to around $2380 this morning, it quickly rebounded and held above $2400. From a technical perspective, the current price structure indicates that the support below is relatively solid, which lays the groundwork for a potential rise in the future.



Analysts generally believe that the market is likely to continue showing a volatile upward trend over the weekend. Currently, the MACD indicator has formed a golden cross, which is usually seen as a bullish signal. Market participants can set $2450 as the first target price, and if the breakout goes smoothly, they can further pay attention to the $2480 level.

However, investors should remain cautious and it is recommended to set long positions around $2418, with an upper target price set at $2473, while also setting a stop loss of 40 points to control risk. This strategy allows for capturing potential rise opportunities while effectively managing downside risk.

Overall, Ethereum is expected to maintain a positive trend in the short term, but investors should closely monitor market changes and adjust their strategies in a timely manner. It is important to note that the cryptocurrency market is highly volatile, and investment decisions should be based on thorough research and risk assessment.
ETH-2.52%
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BagHolderTillRetirevip
· 06-30 19:43
The end of the month must pump and break through.
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GasFeeCriervip
· 06-30 18:40
buy the dip short order go
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fren_with_benefitsvip
· 06-30 15:06
Break through the pressure and make money
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GateUser-a180694bvip
· 06-29 18:26
bullish increase the position
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GateUser-40edb63bvip
· 06-28 03:51
The bull run is coming.
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TestnetScholarvip
· 06-28 03:42
The outlook for ETH is optimistic.
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BrokeBeansvip
· 06-28 03:29
BTFDing
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GateUser-5ef7a331vip
· 06-28 03:29
What the hell, it hasn't fallen to the right level yet.
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StakeOrRegretvip
· 06-28 03:23
It's about to hit a new high, right?
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