(ETH) Midday Trend Analysis:
Key Ranges:
- Resistance Levels: $2621.06 - $2650 - and $2700
- Support Levels: $2582.53 - $2550
Trend Analysis and Operational Strategy
Scenario One: Breakthrough Resistance, Continue Upward
- Trigger Conditions:
- Price breaks through $2621.06 with volume
- Target Levels:
- First Target: $2650, Second Target: $2700 (Psychological Barrier).
- Operational Suggestions:
- After breaking through, consider entering long positions with a small amount, set stop-loss at $2600, target $2650-$2680.
Scenario Two: Encounter Resistance and Retrace, Test Support
- Trigger Conditions:
- Price stagnates around $2621.06,
- Target Levels:
- First Support: $2582.53, Second Support: $2550 (Strong Moving Average Support).
- Operational Suggestions:
- If it breaks below $2582.53, consider entering short positions with a small amount, set stop-loss at $2600, target $2550-$2530.
Scenario Three: Consolidation, Waiting for Guidance
- Trigger Conditions:
- Price fluctuates narrowly in the range of $2582.53 - $2621.06
- The market is in a cautious mood, waiting for Ethereum withdrawal data or speeches from Federal Reserve officials.
