The posture has long fluctuated around 2500, and after two rounds of favorable news, it has welcomed a long-awaited surge. The first round broke through the 2000 mark, and the second round broke through the 2800 mark. However, recently, as Bitcoin is undergoing an adjustment, the posture has followed suit.
I have been reminding about Ethereum that after significant short-term rises and falls, one must understand to be cautious in chasing highs and cutting losses, as the current trend is in a major adjustment phase. Currently, it is adjusting around 2500, with strong resistance at 2800 above and support at 2300 below. On the hourly chart, pay attention to the resistance and support situation in the 2480-2560 area. In terms of operations, maintain a strategy of selling high and buying low. $BTC