From a technical perspective, for ETH to continue its upward trend, the key is whether the weekly chart can hold above the MA200. Once the closing price stabilizes above this moving average, the upward momentum will be more convincing, and the probability of a subsequent rebound will also significantly increase. This is an important technical level that many traders are paying close attention to.
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GrayscaleArbitrageur
· 4h ago
The MA200 level is really a tough barrier. To put it nicely, it's a key support; to be blunt, it's where all the trapped positions are.
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CryptoMotivator
· 4h ago
Is the MA200 really that magical? It’s always so accurate every time.
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ZenMiner
· 4h ago
Alright, it's that MA200 again. Anyway, I get a headache just looking at the charts.
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SilentObserver
· 4h ago
MA200 is here again, always mentioning this level... Last time I heard this, ETH dropped sharply right after.
From a technical perspective, for ETH to continue its upward trend, the key is whether the weekly chart can hold above the MA200. Once the closing price stabilizes above this moving average, the upward momentum will be more convincing, and the probability of a subsequent rebound will also significantly increase. This is an important technical level that many traders are paying close attention to.