ETH Market Review and Strategy Outlook: ETH's minor pullback accurately reached the support level indicated yesterday and rebounded strongly, successfully validating the effectiveness of the long strategy. Investors who followed up have already gained about 100 points in profit.
From a technical perspective, the upper range of 1850-1880 USD constitutes a key resistance area, which is expected to become a short selling layout point.
Currently, the upward momentum is limited. Although a protocol upgrade is occurring today, market sentiment remains cautious. The likelihood of breaking through this resistance range is low, so it's recommended to pay attention to opportunities for a pressured pullback.
