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4.14 Ethereum Morning Analysis $BTC $ETH
Ethereum closely follows Bitcoin's rally and moves higher, with a clear bullish trend. A pullback is an excellent opportunity to enter long positions at a low price!
Currently, the bullish momentum remains strong, with no deep correction trend. Prices are consolidating sideways at high levels with strong buying support. The four-hour candlestick is above the upper Bollinger Band, and the moving averages are diverging in a bullish pattern. The upward structure remains intact and unbroken. Trading volume steadily supports the upward movement, leaving room for short-term gains. The bullish pattern continues, and the bullish outlook remains firm and unwavering.
Trading Suggestions
Enter long positions in batches around 2330-2350, targeting near 2400-2440. If broken, continue to look higher toward 2500.