What I saw upon waking up early was the surging ETH, which had oscillated and declined for two days but still showed resilience. It has pulled up 7 points from the bottom.

From the hourly perspective, ETH is experiencing some upward resistance now; the range of 2650~2640 is a pressure zone. If it breaks through here, ETH can continue to look bullish, with the upper target at 3000. If it pulls back, the strong support level is still at 2460.

From a technical standpoint, ETH has already reached the upper Bollinger Band pressure, and the SKDJ indicator is showing signs of forming a high-position dead cross. ETH currently has a demand for a pullback, so it can be viewed as bearish in the short term.

In terms of trading: Enter short between the current price of 2635~2050, with a stop loss at 2675.

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$ETH