ETH quietly surpasses BTC! Keep a close eye on this breakout level; the opportunity might be today.



Don't just focus on BTC anymore! ETH has quietly outperformed today, now trading above $2,240. The middle band of the Bollinger Bands at $2,199 has turned into support, indicating a bullish structure.

Key signal analysis:

Breakout point: $2,275 is an important recent resistance level. Once a volume breakout occurs, the next target will directly point to $2,310 or even the upper Bollinger Band at $2,284.

Momentum source: The 4-hour MACD shows signs of forming a golden cross. If the green bars (negative values) continue to shorten, it will provide upward momentum.

Risk points: The 4-hour chart shows that each time the price approaches $2,258, a long upper shadow appears, indicating short-term selling pressure at this level. If it cannot break through quickly, it may retest $2,213 (EMA7) for support.

Ultra-short-term strategy reference:

Breakout buy: When the price breaks through $2,275 with significant volume, you can enter a long position, targeting $2,310.

Pullback buy: If the price pulls back to the support zone of $2,210–$2,220 and stabilizes (considering small-timeframe K-line signals for a stop decline), it’s also a good low-entry opportunity.

Be sure to set a stop-loss below $2,190.

Do you think ETH can successfully break through the $2,275 resistance this time? Like, save, and share your holdings in the comments!
ETH2,24%
BTC1,1%
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Watton
· 2h ago
Although strong, it has not broken through the previous high. The key to the upcoming trend is currently only considered a range-bound consolidation.
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