Recently, the Ethereum market has been highly volatile, frequently experiencing sharp price spikes. This abnormal volatility has greatly increased market uncertainty, and in such conditions, blindly engaging in long and short operations undoubtedly exposes one to extremely high risks! $ETH

Looking back at the previous trends, Ethereum had been surging forward, continuously breaking key resistance levels and reaching around 2750! However, the market quickly reversed, swiftly entering a consolidation phase. With the ongoing adjustments continuously pushing lower, the current range is around 2550! $ETH

From a technical analysis perspective, the resistance faced by the candlesticks is significantly expanding, indicating that the bearish pressure is gradually increasing. Considering the current market situation and technical patterns, we recommend the following trading strategy: the short-term trading strategy should focus on 'mainly low longs, supplemented by high shorts! $ETH

Short-term recommendation: Go long near 2430 and target the 2590 position.

High short recommendation: Short at the 2650 position and target the 2480.