In the next three days, the ETH price movement is inclined to be bullish, but it is necessary to follow the breakthrough situation of key resistance levels and support levels.

From the perspective of technical indicators and market sentiment, ETH still has upward momentum. ETH remains above the 20-day moving average, and the MACD stays above the signal line, suggesting there is still room for recovery in upward momentum. The long/short ratio is 1.055, the highest level since October 21, 2024, indicating that traders have a strong bullish sentiment. On-chain capital flows also highlight a bullish undercurrent, with deposits surging while the price stabilizes around $4390, indicating that whales are preparing for a potential rise.
Regarding the resistance level, the upper resistance levels are at $4530 and $4800. If it can break through $4530, it may open up targets of $4800 and even $5000. As for the support level, the immediate support levels are at $4015 and $3533. ETH is still above the 20-day EMA ($4670) and the 50-day EMA ($4528), with the super trend support level around $4554. Bulls must hold this level; if it closes below this level, it may trigger further declines.
However, the cryptocurrency market has a high degree of uncertainty and volatility, and prices are easily affected by various factors such as regulatory policies, macroeconomic conditions, and market panic sentiment. The above content is for reference only and does not constitute investment advice. #Gate Alpha晒单挑战#