Cautious observation

Applicable situation: Prices fluctuate within the range of 2,453.24 to 2,571.56.

Countermeasures:
- Wait for clear breakout signals: If the price breaks above MA5 (2,571.56) with a significant increase in trading volume, consider taking a small long position, with a target price of 2,648.00.
- If the price drops below 2,453.24, maintain a wait-and-see attitude until the price reaches MA10 (2,500.23) or MA20 (2,158.20) to reassess the market's holding capacity.

Range trading

Short-selling strategy:
- Entry timing: When the price rebounds close to MA5 (2,571.56) and RSI(6) is less than 60, gradually build a short position.
- Risk control: Set the stop-loss level at 2,650.00 (above the previous high).
- Profit target: Gradually reduce positions, with target prices of 2,453.24 and 2,400.00 in sequence.

Long strategy:
- Entry conditions: Price stabilizes above 2,453.24, RSI(6) is greater than 50, accompanied by increased trading volume.
- Stop-loss setting: Strictly set at 2,400.00.
- Profit outlook: Target price of 2,571.56, potentially looking towards 2,648.00.

Precautions

- Risk management: Whether going long or short, it is recommended to limit the stop-loss range to within 3%-5%.
- Rational Trading: Avoid blindly chasing highs and lows, especially when the RSI(6) shows short-term overbought or oversold signals, as the risk of chasing highs increases.

Summary:
ETH is expected to show a relatively weak oscillation pattern today, and close attention should be paid to the stability of the support level at 2,453.24. If the support fails, be cautious of accelerated price declines; if the support holds, consider attempting rebound trades. It is recommended to trade lightly, in batches, and strictly enforce stop-loss discipline.



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