1. Stabilize above 2520, the pullback ends and an upward trend begins.

Focus on the key price level of 2520 during the Ethereum night session. Only when the 1-2 hour candlestick closes steadily above this level can it confirm the end of the hourly pullback, allowing bullish strength to regain control of the market and push prices to continue the upward trend. In the subsequent upward process, pay close attention to the following resistance levels:

- First Resistance Level 2560: This area corresponds to the upper edge of the previous concentrated trading area, where trapped positions and profit-taking positions are concentrated, easily forming strong resistance.

- Second Resistance Level 2605: Corresponds to the key trend line resistance at the daily level; a breakthrough requires effective volume support.

- Third Resistance Level 2660: Important round number combined with historical highs; if successfully breached, it may open up a new round of upward space.

Trading Strategy: Use 2520 as support, and once confirmed to close steadily above this level in the 1-2 hour timeframe, consider gradually establishing long positions with an initial position controlled at 20%. For each breakout of a resistance level, reduce the position by 15% to lock in profits; set the stop loss below 2520 (e.g., 2500) to guard against trend reversal risks.

2. If it falls below 2520, the pullback will continue to be dominated by bears.

If the 1-2 hour candlestick fails to close above 2520 during the night, it indicates that bearish strength still dominates, and the market will continue its pullback trend. The key support levels below are distributed as follows:

- First Support Level 2457: Corresponds to the short-term moving average support, a concentration area for short-term buying.

- Second Support Level 2381: Lower edge of the previous consolidation box; if it falls below, it may trigger panic selling.

- Third Support Level 2320: Strong psychological level and historical important support, representing the last defense line for bulls.

Trading Strategy: If the price continues to stay below 2520, a light short position can be established when the rebound confirms the resistance level, with an initial position of 15%. For each support level touched, reduce the position by 10% to take profit; set the stop loss above 2520 (e.g., 2540) to avoid the risk of false breakouts.

3. Key Points for Risk Control

1. Position Management: Single trade positions should not exceed 30%, with total holdings controlled within 50% to avoid excessive risk exposure.

2. Stop Loss Execution: Strictly set stop losses based on key price levels, avoiding any luck-based mentality and ensuring that risks are controllable.

3. Dynamic Monitoring: Pay close attention to changes in trading volume, candlestick patterns, and market news. If divergence signals or sudden fluctuations occur, adjust trading strategies in a timely manner.

4. Summary

Tonight's core of Ethereum's movement is the battle for the 2520 point. If the 1-2 hour candlestick closes steadily at this position, bulls will initiate an upward trend, challenging the triple resistance above; if unable to stay above this level, bears will continue the pullback, while the triple support below will be tested in succession. Everyone must closely monitor the effectiveness of the breakout at key levels, strictly execute position and stop-loss plans, and respond flexibly to market dynamics to avoid the uncertainties of night trading.$ETH #ETH走势分析