The Ethereum rebound market is like a runaway wild horse, soaring directly from 2075 to 2500 without looking back, and now it's catching its breath around 2330.

The daily line is firmly above the key level of 2150, and the MACD red bars are still expanding, indicating that the main force has no intention of stopping. However, the 4-hour chart is starting to play tricks, and that big bearish candle that dropped from 2490 to 2270 looks frightening. Now 2420 has become a short-term ceiling; although indicators show it's a bit overheated, the overall trend is still pushing upwards.

If you want to get on board more securely, wait for a pullback to the 2200-2230 range to build your position slowly, setting a stop-loss at 2180; trying a light position at 2335 is also fine, with a 30-point stop-loss for a short-term trade; as for those wanting to short at 2420-2450, remember to admit defeat if it breaks 2480.

The critical level of 2000 is the bull-bear boundary to keep a close watch on, and 2745 is the next target, with a breakthrough aiming for 2800.

This market fears two types of people: one is those who sleep at night without setting stop-losses, making them vulnerable to surprise attacks by the main force; the other is the greedy ones who try to swallow the elephant, unwilling to leave after making a profit, eventually turning it into a loss. Remember, this is Ethereum's home turf; a sharp decline is an opportunity to make money, but never bet heavily, keep the green mountains.