#ETH
《Trend Changes — Current Market Analysis》
This weekend, the residual momentum of the market's upward trend is still present, continuing to drive the overall market rebound. The market will not keep falling, nor will it keep rising. The more we are in this moment, the more we need to stay calm; the higher we climb, the harder we fall.
Ethereum has broken and stabilized above the key support level of 2440, and the subsequent market performance should not be too bad. This level is also the first support position for a short-term pullback, with resistance above around 2760.
Bitcoin's hourly chart shows signs of a pullback, with support around 103800. Before this, there is a smaller support level around 104200, and resistance remains near 107000.
Regarding the current market price, it no longer has cost-effectiveness; a healthy correction is needed. If there are no opportunities, we must learn to wait. The subsequent market trend still looks bullish, and we should wait for a suitable opportunity to add positions while holding onto our existing chips.
