Trading Analysis: Ethereum price is testing the breakout area of an ascending triangle
Cryptocurrency analyst ALI tweeted: Ethereum is currently retesting its breakout zone from an ascending triangle, hinting at preparation for a further climb.
The price range between $2,150 and $1,900 could be the ideal zone for accumulation before ETH sets its sights on a higher target of $3,500.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: If ETH falls below $3,747, the cumulative long liquidation intensity on major CEXs will reach $1.302 billion.
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MoreData: In the past 24 hours, total liquidations across the network reached $127 million, with long positions liquidated for $55.43 million and short positions liquidated for $71.97 million.
Data: If ETH falls below $3,747, the cumulative long liquidation intensity on major CEXs will reach $1.302 billion.
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