Looking back at the morning market, Ethereum faced resistance around the 2170 level and pulled back, with a low of around 2100 before stabilizing. This retracement once again precisely confirmed the validity of the bearish outlook in the morning. Our consistent view is that the core of trading is not about guessing arbitrarily, but about following the rhythm of the trend — this is the true charm of trend following.

From a technical perspective, the 2100 level shows clear support strength. After reaching this point, the price quickly rebounded, with the hourly candlestick forming a hammer with a long lower shadow, indicating that buying pressure below is starting to enter. This level is not only the starting point of the morning rally but also the support of the 4-hour MA60 moving average, giving it strong technical significance. Meanwhile, the MACD indicator shows signs of turning above the zero line, with decreasing green momentum bars indicating that selling pressure is weakening. Overall, the upward channel has not been broken.

Operationally, it is recommended to gradually build long positions around the 2100-2110 area, with a stop-loss below 2080. The initial target is 2150, and if broken, hold for 2170. The core of trading is always to go with the trend. When support is confirmed, daring to take positions at key levels is the best way to respect the trend. #加密市场上涨 $ETH