Ethereum experienced a wave of first a drop and then a rise, with a minimum yesterday hitting 1824 before starting to rebound, reaching a maximum of 1872. Although Ethereum follows the rhythm of Bitcoin, it is clearly not rising as sharply as Bitcoin. From the 1-hour chart, the buying support in the range of 1800-1830 is very strong, and every time it drops to this level, funds enter to buy the dip. However, there is also significant selling pressure at the round number of 1900; as soon as it approaches, there is selling pressure. Nevertheless, the overall trend is still bullish, and the key is to see if it can hold firm during pullbacks.
Recently, there has been a very obvious pattern in the market: as long as it breaks through key resistance levels, there will generally be a continuation of the upward trend afterward. So the operation is very simple; when you see a breakout, follow the trend, and you can generally profit. The current movement is to rise, pull back a bit, wash out the weak hands, and then continue to push for new highs. This rhythm is actually quite easy to grasp.
In terms of operations, don’t rush to chase highs; in a bullish trend, it's safer to wait for a pullback to stabilize before buying at lower prices.