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AI Analysis: $ETH/USDT
Entry Price: Around 3,060
Target Prices:
- TP1: 3,113
- TP2: 3,202
- TP3: 3,290
Stop Loss Price: Below 3,025
Reasons for Buying:
1. Pattern Confirmation:
- Daily chart forms a "rectangle consolidation" breakout structure (neckline at 3,113), consolidation range height 177 (3,025-3,202)
- Measure rally = range height × 1.618 = 286 → Target Price 3=3,113+286=3,399 (actual rounded to 3,290)
2. Trend Structure:
- Weekly chart breaks through the 2024 downward trend line (3,290→3,202 line), price above MA(50) at 3,085
- RSI(14)=58 (neutral leaning strong), MACD red bars expanding indicating increasing bullish strength
3. Market Sentiment:
- "Panic selling - stair-step absorption" volume-price pattern appears around 3,025
- Closing prices have stayed above 3,060 for 5 consecutive days (historical support + Fibonacci 38.2% retracement level)
4. Indicator Verification:
- OBV indicator hits new high in 2024, showing capital inflow
- Funding rate +0.225% (positive for 8 consecutive days), futures open interest surpasses $120 billion
- On-chain data: exchange net inflow -1.8 million tokens, whale holdings increased by 38%
This content is for reference only and does not constitute investment advice.