🥘 is currently breaking through the upper boundary of the 2145-2155 oscillation box (which had been consolidating for over 40 days) during the continuous decline last night. It is now rebounding while leaning on the 2088-2108 support, attempting to break through and establish stability again. Therefore, today intraday we need to continuously monitor whether 2155 can confirm a breakthrough and stabilize.



🥘 It's best not to rush entering short positions at the main forces' entry point. Wait until 2155 breaks through and stabilizes, then we'll look for positions higher up to short (Ethereum short entry suggestions will be updated later).

🥘 For those wanting to trade short-term during daytime, small position high selling and low buying can be done around the 1H Bollinger Bands upper and lower rails (sell short at 2180-2195, buy long at 2088-2108, flexible profit taking, bring your own 30-40 point tight stop loss).

🥘 Looking at Ethereum overall, currently it has made a failed breakthrough of the oscillation box during this wave of exchange rate appreciation uptrend, but the 4H, daily, and weekly uptrend lines remain intact and not broken. Therefore, treat it temporarily as normal pullback in an N-shaped trend uptrend structure.
ETH0,45%
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