Key Forecast and Strategy Tips for ETH Short-Term Trends

The current price of ETH is around 2681, and the battle between bulls and bears has entered a heated stage.

There is a dense resistance zone forming at 2730-2780 above. A significant breakout may trigger a short-covering rally; below, a short-term defense line is being built at 2620-2650, and if it fails, it may quickly test the 2550-2580 value range.

From a technical perspective:

1) The 4-hour chart is showing an ascending wedge formation, with volume exhibiting a shrinking trend.

2) The RSI indicator is hovering around 55, and has not yet entered the overbought area.

3) Key moving averages are forming multiple support levels around 2630.

Main force direction shows:

• A large number of options positions exist in the 2680-2700 range.

• On-chain data indicates that institutional buy orders are accumulating below 2600.

Operational suggestions:

Aggressive traders can observe the breakout situation at 2730 and lightly test long positions.

Conservative traders are advised to wait for a stabilization signal at the 2620-2650 support zone.

If the price breaks below the 2600 level with significant volume, strict stop-loss measures should be taken.

The market changes rapidly, and the above analysis needs to be dynamically adjusted in conjunction with real-time data. I have already discussed precise buy and sell points and position management strategies internally at #比特币突破11万美元 .