Ethereum Evening Trend Analysis and Trading Strategy

From the market perspective, Ethereum has been oscillating for more than ten hours within the range of 2420 to 2390, with a high point above at 2450 and a low point near 2375. The current trend shows a certain upward tendency, but there is strong resistance around 2420. If it fails to break through effectively, it may retest the support range of 2360-2345, and then stabilize and rebound.

Recently, the market has shown strong performance. Despite being briefly disturbed by geopolitical events (the conflict between Iran and Israel), buying pressure quickly absorbed the impact, pushing prices back up. If it can hold above the key level of 2530, the subsequent target may reach the range of 3300-3700.

Trading strategy suggestions:

Long position setup: Light positions in the range of 2345-2360 (about 5% of the position), with a stop loss below 2320 and a target of 60-100 points profit.

Short position testing: If it rebounds and faces resistance around 2550, a short position can be taken for a short term, with a stop loss above 2580 and a target set for more than 60 points.

In the evening, it is important to pay close attention to Federal Reserve Chairman Powell's speech, which may trigger short-term volatility. Overall, maintaining a bullish expectation; if it breaks through the resistance at 2530, the medium-term target can be revised upwards to above 3000. It is advised to implement strict risk control and respond flexibly to spike conditions. #加密市场反弹 #鲍威尔半年度货币政策证词