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#ETH
🔥 ETH price has re-entered the triangle pattern. Currently, the key support level is near the moving averages, and the bulls and bears are engaging directly here ⚔️
🟢 If the price stabilizes on the moving averages and rebounds upward, it indicates that funds are still in the market 👇
ETH is expected to quickly surge to $3658, further igniting market sentiment, and may even challenge $4000 🚀. This is the most anticipated acceleration zone for the bulls.
🔴 But if the price continues to weaken and breaks below the support line, the signal becomes very dangerous ⚠️
This suggests that the previous upward breakout was likely a bull trap. The first target below is $2623. If panic spreads, a further decline to $2100 cannot be ruled out.
🎯 Moving averages = the dividing line between bulls and bears
Hold above for an upward target of $3658 or even $4000.
Lose support downward, and the market could turn around immediately.
Currently, ETH has reached a critical point in the triangle.
The next key candlestick will determine the direction, not just oscillation 👀📉📈