5.21 Midday Thoughts:

Ethereum/4-hour chart short-term depends on the middle track for oscillation and rise, the trend shows a rise followed by a pullback, often accompanied by a medium bearish retracement before stabilizing. Currently, it has returned to the middle-upper track area for oscillation but has not effectively broken through, and upward movement remains oscillatory.

In terms of operation, pay attention to the resistance at the upper track; if it breaks through, follow the trend with a target in the 2630-2670 area; if it doesn't break, maintain oscillation.

It is recommended to position in the 2530-2450 range for long positions, controlling risk.