The daily line is a bullish candle with an increase of over 12%, and the price continues to push towards 2600. As mentioned yesterday, there are a large number of trapped positions in the 2500-2900 range, so it can't just surge up in one go. Now that the price has reached this range, it is likely to drop back for a retest.
Short-term long positions chasing highs can take profits in batches, while long-term long positions can continue to hold, but one must resist the upcoming pullback. Medium to long-term spot positions can still be held, as the weekly level uptrend has just begun, and the bigger moves are still ahead.
This wave of increase is brought about by the joint rebound of the 8-hour and 12-hour levels, and currently, it is a rebound increase at the 30-minute to 1-hour level. The overall trend remains relatively strong, and short longs can be taken at the EMA52 line on the 1-hour, 2-hour, and 4-hour charts.
The blue line above will still act as a support level for the daily level pullback, with the price at 2320.
Daily level resistance at 2450-2510-2690, support at 2240-2120-2000-1890-1740.
From the Ethereum liquidation heatmap,
the price is rising, and there are no short positions left to liquidate above.
the price is falling, with a large number of significant and super-sized long positions waiting for liquidation in the 2496-2080 region and 2036-1860, with key liquidation around 2260.
