ETH Market Review and Strategy Outlook

ETH's small-level pullback precisely touched the lower support level suggested yesterday and rebounded strongly, successfully validating the effectiveness of the long strategy. Investors who followed the operation have already gained about 100 points in profit.

From a technical perspective, the upper range of 1850-1880 USD constitutes a key resistance zone, which is expected to become a short-selling layout point.

Current upward momentum is limited. Although today's protocol upgrade has arrived, market sentiment remains cautious, and the likelihood of breaking through this resistance zone is low. It is recommended to pay attention to opportunities for a pressured pullback.

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