Yesterday we talked about this support entering a critical support zone. Even if the market simply repairs and rebounds, one can pay attention to the position of 2100 to take half a position. Yesterday's highest point was around 2199. The market's expectations for the Federal Reserve's easing have reached a critical point, and riding this rebound is a must. Currently, there is a slight pressure as it enters a critical divergence phase.
As of this morning, ETH's 24-hour net inflow increased by +3.9%, which is considered an effective rebound. Huangmao announced a 5-day suspension of military strikes against Iran, easing tensions in the Middle East and reducing risk aversion, leading to a collective market rebound. The market saw a liquidation of 555 million, with short positions being squeezed, forming a short squeeze effect. After consecutive days of market gains, there is also a correction, providing an opportunity for bulls to enter. However, experienced players know that this is the time to wait for bulls to enter and stop losses before we can try a small long position, focusing on effective support to minimize risks and maximize profits.
Suggestion: Enter 30% near 2128 and补 at 2065 below. First, pay attention to selling half at 2230 above and target 2388.