ETH is currently at 2612, can we make a move here?
Recently, ETH has quietly climbed to 2612, and some people are panicking: Has it peaked? Can we still chase it?
My suggestion: Don’t chase, but don’t miss out either.
Let’s look at the key points:
1️⃣ Structurally, ETH is still in a bullish rhythm. It has climbed up from 2400, and the overall trend remains intact, representing a healthy pullback followed by a second upward push.
2️⃣ 2610~2620 is a resistance zone from previous highs, and this position is not easy to break through directly. The main force will generally choose to test it repeatedly, washing out floating positions before pushing up.
3️⃣ Where is the key support?
Below, 2500 is a strong support. As long as it doesn’t break, the situation remains safe; as long as it holds above 2500, there’s a high probability it will go up further.
What should we do now?
For those not yet in: I don’t recommend chasing; wait for a pullback to 2580-2550 before considering a low buy; for those already in: just hold on, don’t get shaken out by minor fluctuations; for those who like the rhythm: I have a more detailed plan here, including profit-taking and averaging down strategies; don’t make erratic moves, come ask me!
With rises, there are panics; with falls, there are panics, but the market only moves at its own rhythm.
Rather than guessing, it’s better to directly follow those who have a rhythm!
I’ll keep an eye on the points for you, I’ll help you avoid risks, and we’ll seize opportunities steadily!
