5/10 Late Night ETHUSDT Long Position Short-term Entry Suggestion:

Entry Strategy:

• Entry Point: 2290 - 2300 USD (when the price finds support in this range)

• Stop Loss Point: 2270 USD (to avoid false drops, risk control)

• First Take Profit Target: 2340 USD (short-term target, can move stop loss after profit)

• Second Take Profit Target: 2380 USD (medium-term target, gradually advancing profit)

Move Stop Loss Strategy:

• When the price reaches 2340 USD, move stop loss up to entry price 2300 USD to lock in no loss.

• When the price approaches 2380 USD, adjust take profit to 2350 USD to secure profits.

Risk Control:

• If the price falls below 2270, strictly stop loss and exit to avoid deep losses.

Technical Pattern Analysis

On the 1-hour chart, ETH/USDT is forming a symmetrical triangle pattern, which usually indicates that a price breakout is imminent. If the price breaks upward, it may trigger a new round of rising momentum; conversely, if it breaks downward, caution for correction risk is needed.

Key Support and Resistance Levels

• Support Level: Short-term support is around 2,250 USD, an area that has provided price support multiple times.

• Resistance Level: Upper resistance is around 2,300 USD; if the price breaks through this area, it may further challenge 2,350 USD.