ETH Trading Strategy: Linked to BTC for Breakthroughs, Key Levels Set Long and Short Right-Side Trading Signals:
Breakout Long: Volume breakout at $2578, right-side long, if the price falls below this level, set a stop loss.
Breakdown Short: Volume drop below $2542, right-side short, strict stop loss required.
Support Level Long Opportunity:
Confirm support effectiveness after a pullback to $2507, can try a light long, stop loss below $2475.
Technical Outlook:
If the hourly level breaks above $2599, the upper target looks at $2626-$2669, current upward movement relies on BTC linkage.
A rebound to $2676 can try a light short, stop loss above $2700.
Left Side Layout: Long position pre-set at $2431, resolute stop loss below $2400.
Key Levels:
Resistance Levels: $2603-$2635-$2668 Support Levels: $2545-$2510-$2452 If the 4-hour level drops below $2541, the pullback target may explore $2478-$2435.
Market Sentiment Warning:
Currently, most investors have a strong bullish sentiment, need to beware of the pullback risk under 'consensus expectations' - the greater the short-term increase, the stronger the subsequent profit-taking pressure, it is recommended to control positions in operations, and avoid chasing overheated coins.
