Ethereum is showing a bullish recovery structure on the 4H chart, with potential for an extended move toward higher resistance levels. While opportunities exist for short-term scalps, swing traders and short sellers should remain patient for clearer setups.
📊 Market Insight
Ethereum’s price action suggests the possibility of an Up Thrust (UT) as the bullish move continues. Lower timeframes may offer short-term opportunities for scalpers, while the broader structure indicates caution for new swing entries.
🪙 Trading Strategy
Scalping on lower timeframes can be considered to ride the remaining upside. Swing traders should wait for price to revisit lower zones before positioning. For short trades, patience is key—confirmation is needed before entering to avoid premature risk.
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