#ETH(二饼) Daily Trend Analysis:
Ethereum is oscillating around 2480, continuing to decline from the high point of 2738 on May 14.
Recent fluctuations indicate that the market is seeking direction, facing the risk of a breakout or downward movement. The engulfing pattern suggests a potential reversal, and combined with the top and bottom formations, the market may find support around 2450.
Pay attention to the area around 2480. If there is a breakout and it stabilizes above 2480, consider buying in moderation; if it drops to around 2455 and touches support, consider short-term bottom fishing. It is important to note the impact of market sentiment and possible policy changes on the market.
Potential Buy and Sell Points
Buy Point: Around 2455--2475 (Close to recent low, likely to form support and rebound)
Long Position Stop Loss Point: 2430 (If it falls below recent low, confirm the continuation of the downward trend)
Sell Point: Around 2600-2640 (Close to recent high, there is obvious selling pressure)
Short Position Stop Loss Point: 2680 (If it breaks through recent high, it may continue to rise)