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#Perptual Futures DEX Field Competition Today's Ethereum $ETH Analysis Report:
Since last night until this morning, the price of Ethereum has steadily risen from the 4128 area, reaching a high of 4234 before undergoing a technical adjustment, and is currently consolidating near the 4200 round number. Analyzing the four-hour chart, the price has successfully broken through the previous key resistance level and validated the effectiveness of the support level during the pullback process, with the overall structure showing a quite robust state.
From a technical perspective, the short-term moving average has formed a golden cross pattern, the Bollinger Bands are showing an expanding trend, and the price increase is accompanied by a simultaneous increase in trading volume. Multiple technical indicators collectively confirm the strong bullish trend currently in place.
Trading Advice:
Focus on the support range of 4080-4120 for long positions, with target price range between 4200-4350.