ETH is currently at 2432, which is indeed a point range where the battle between bulls and bears is extremely fierce.
In the short term, ETH has recently rebounded continuously, surging from around 2300 to the 2430 area,
showing clear signs of a warming bullish sentiment.
If it breaks through strongly and stabilizes, the acceleration space above 2500 will be opened,
with the first support at the 2380-2400 area,
and strong support at the 2300-2320 line.
As long as this range is not effectively broken down, the overall bullish trend continues.
Currently,
I've already built a bottom position in the 2300-2350 area.
The current position has some floating profits, with part of it locked in for profit.
The remaining position continues to be tracked for protection, watching for opportunities to follow the breakout trend.
If it can effectively break through the 2450-2480 range, consider adding long after a pullback.
If it drops back below 2380, do a short hedge.
At this position, the biggest fear is:
chasing the rise halfway up the mountain, only to be directly killed by a large bearish candle.
