ETH:

A shooting star candlestick formed on the daily chart, with a long upper shadow, indicating strong resistance above. A significant drop occurred the following day, not only touching the weekly resistance before retreating but also due to many chasing long positions at high levels in the market. After breaking below the support-resistance conversion at 2600, it quickly dipped to the support at 2550 before making a rapid rebound.

During the day, pay attention to the resistance at the high point of the rebound after last night's drop, around the 2680-2679 range. Touching this area could be an opportunity to go short.

The strong support below is at 2550, which is also a low point. Relying on this level for defense, a short-term long position can be considered. Last night, a notice was sent out to prepare for a long position at 2580, and now at the 2635 level, the position has been reduced with a loss! Overall, the trend remains volatile, without breaking out of a large range, and the impact of the exchange rate is still relatively strong.