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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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The Ether daily chart continues to close positively. Since the rebound from the previous low point of 3354, it has rebounded over 1400 points without any effective pullbacks along the way. This leaves a significant hidden danger for the subsequent pump. Although new highs keep appearing, each time a new high is reached, there is a considerable pullback, making it quite difficult to chase the price.
#ETH# #BTC#
The weekly KDJ indicator is now showing a triple divergence, indicating a price divergence, which suggests that as long as a pullback occurs in the future, the space will certainly not be small. Currently, it is very close to the previous historical high of 4868. Whether it can effectively break the high still needs to be observed. If chasing the price, once the previous high is not broken, the risk is very large. The current situation maintains a fluctuating rise. Our layout from yesterday showed a new high followed by a downward pullback. No matter how much the pullback is, it is currently the best operational method. Short-term accumulation, with overall defense at 4868.
Bitcoin rebounded from the 12.2 level yesterday and then retested around 12.03. It is currently rebounding again to test the high of 12.32. Whether it can break the high is just a matter of a hair's breadth. Continue to defend the previous high downwards; if it breaks, chasing the price will not be too late.