Yesterday, it was expected to drop back to around 2320, but the trend remained strong, with a daily bullish candle engulfing the previous two bearish candles. The price continues to reach new highs.
The momentum at the 2-hour level has begun to weaken, and this surge has formed a top divergence at the 2-hour level. Continuing to chase the highs here carries significant risk. It is safer to patiently wait for the price to pull back to the 2-hour and 4-hour EMA52 (2456 and 2320) before entering. Don't worry about missing the opportunity; Ethereum will continue to push up, and the pressure will increase. The neckline resistance at the daily level is around 2860.
Daily level resistance at 2860-3065-3260, support at 2390-2260-2160-2000.
From the Ethereum liquidation heatmap, we can see
Price has risen, and there are still some large short positions waiting for liquidation in the 2712-2788 area.
Price has fallen, and there are still a large number of large and super-large long positions waiting for liquidation in the 2648-2348 area.
