Ethereum beware of long traps!
The overall structure is bullish,
but the pullback here is quite significant,
the bearish forces are still strong,
I prefer a pullback to 2620-2660 before another attempt to break through 2830-2880!
The reason for caution against long traps is as follows:
The previous three attempts to break 2750 failed,
trading behavior has inevitably accumulated a large number of short stop-loss liquidity around 2750!
Today, in the absence of movement in Bitcoin, a forced breakthrough, in my view, is to clear the stop-loss orders accumulated during this time!
Therefore, short directly between 2745-2765, with a stop-loss placed at 2790, and a target of 2700-2650.
If you can't accept this risk-reward ratio, then you can only look for guaranteed profits 🧙