Midday Outlook

II, ETH

Afternoon Movement

Scenario 1: Strong Breakout

Conditions: Rapidly break above the 2734 high after the market opens, with sustained increasing volume.

Target: Attack the 2750-2760 area

Logic: Morning bullish momentum is not exhausted; if resistance is broken, it may trigger short covering.

Scenario 2: High-Level Volatility

Conditions: Price fluctuates in the 2715-2735 range, with moderate volume.

Signal: Pay attention to the 2720 support (morning rebound continuation level) and 2734 resistance.

Scenario 3: Pullback Correction

Conditions: Break below 2715 with increased volume, may retest the 2700 level.

Risk Point**: If it breaks below 2700, be cautious of bullish liquidation (but the morning low support at 2643 is relatively far).

Operational Suggestions

1. Bullish Strategy:

After breaking 2734, lightly chase long positions, stop-loss at 2720, target 2750.

- If it stabilizes upon retesting 2715-2720, consider trying long, stop-loss at 2705.

2. Bearish Strategy:

- Only recommend shorting when breaking below 2715 with increased volume, target 2700, strict stop-loss at 2730.

Conclusion: High probability of continuing high-level volatility (2715-2740), a breakout requires volume support; if volume decreases, a pullback is likely. It is advised to respond with a swing trading mindset and implement strict stop-loss.