Conditions for the continuation of the bullish trend

- Support level: 2190 is the dividing line between bulls and bears at the 1-hour level. If it holds, the bullish trend will continue, and the upward structure remains intact.

- Target level:

1. Previous high resistance level 2245 (breakthrough opens up upward space);

2. Secondary resistance zone 2280-2317-2351 (requires volume support for a breakout).

Risk of pullback and support

- Breakout signal: If the 1-hour close falls below 2190 and fails to rebound, it will indicate a short-term shift to a pullback, cautioning against bullish momentum exhaustion.

- Support level:

1. First support 2156 (recent trading dense area);

2. Second support 2112 (50-hour moving average support);

3. Strong support 2073 (key support level at the daily level).

Summary

After the Ethereum upgrade, a strong rally was welcomed yesterday. Today's movement focuses on the key level of 2190. The current market is supported by positive news and capital inflow, but caution is needed for overbought signals (RSI is approaching 70). The strategy centers around 2190: if it holds, low entries can be considered for long positions, targeting previous highs and secondary resistance zones; if it breaks, observe or lightly defend, with support levels available for gradual accumulation. It is advised to closely monitor changes in volume and market sentiment, strictly manage stop-losses, avoid chasing highs and panic selling, while also paying attention to the correlation effects of mainstream coins and the dynamics of the Ethereum ecosystem.$ETH #ETH走势分析