Midday Analysis

Ethereum surged to 2,596, a short-term increase of 4.3%, but the trading volume is average.

MA7 and MA25 have a golden cross upwards, indicating a short-term strong bias, but approaching the previous high resistance level. If it breaks through 2,600, it may continue to surge, but the risk of chasing highs is significant.

If you want to short, wait for signals of weak rebounds, such as breaking below $2,590 before considering, with a stop loss set at $2,610. For a more cautious approach, just observe and wait for a clear direction. #ETHETFS #加密市场反弹