#ETH突破2500
#ETH Breaks 2600 Midday Review (May 11)
The 4-hour candlestick chart shows that after a continuous rise, ETH has briefly broken through the $2600 mark, but then experienced a noticeable pullback, currently oscillating around the 2500 mark. The overall structure remains within a strong upward channel, but due to the significant continuous increase, there are signs of profit-taking in the short term.
The Bollinger Bands exhibit a clear opening state, with prices operating near the upper band, indicating that it is currently still within a strong zone. The MACD dual lines continue to expand at a high level, with bullish momentum still being released, but caution is required for divergence risks. If it cannot stabilize above 2500, it may pull back to the 2440-2460 area to look for support.
Subsequent operation suggestions:
Ethereum: Lightly buy in the 2440-2480 range, with a stop loss suggested below 2400, and a short-term target temporarily looking at 2550-2600. If it breaks through 2600 with increased volume again, it is expected to test the previous high of 2700.