ETH

Recently, gold has continued to be affected by the Middle East situation. ETF demand has gradually recovered, and gold has broken through the 5,000 level. Part of the capital has rotated into the crypto market, showing strong momentum with eight consecutive bullish days over the past week.

Currently, this morning saw a large bullish candle attempting to push toward 2400 without success. In the short term, there is a pullback requirement, but the magnitude won't be too large. Both the bottom and top levels are moving upward simultaneously. Before the trend changes, as long as this red zone can hold steady, the next target to watch is 2400 - 2600.