$ETH

ETH started touching the 2100 resistance yesterday afternoon and has failed five consecutive 4H attempts to touch the 2100 resistance since this morning. This shows that those who have profits to be realized are reducing or closing their positions at this level.

The US stock market opened 1H, and all three major indices slightly rose, which will have a certain lifting effect on crypto; if it can break through the 2068 level, we will look at the 2100 resistance and 2153. For support, we will look at 2024 and 1988; currently, Ethereum is continuously forming an ascending triangle, with the bottom consistently rising, which is very strong, and there is no reason to short. It is recommended to mainly buy on dips.

1988 is a strong support entry point for long positions on the left side, with a stop loss at 1975, T1 targets at 2068 and 2100, and 1945 is also a strong support position to go long; if it breaks below 2068 and then retraces back up, it is also a good opportunity to go long with a light position, but the profit target is small, aiming for 2100, hoping for 2153, with a stop loss at 2038, basically a 1:1 risk-reward ratio.