Ethereum ($ETH ) recent price performance is indeed noteworthy, as it suddenly broke through the $2700 mark, ending a prolonged period of consolidation. This breakout is reflected on the weekly chart as a breach of a key resistance level, with the price approaching the critical EMA30 point of $2795. Currently, ETH's support is above the EMA15 support point of $2705, but to confirm whether it can solidify in the bottom support area, we need to observe the strength of today's price surge. If today's market can sustain the unilateral upward trend from last Monday, ETH may continue to remain strong this week. Conversely, if the price fails to continue rising, there may be a risk of liquidation this week, which investors need to watch closely.

Currently, ETH's price is $2740. As of 10 AM Beijing time, the daily K-line has risen to a higher position on the EMA trend indicator, standing above the EMA120 trend line at $2727. The MACD indicator shows that trading volume is increasing, but the DIF and DEA have not yet formed energy indicators, indicating that the bullish trend has not ended and may still continue to rise. The current high point has reached $2771, and short-term resistance shows that $2795 is a strong resistance point. If the price pulls back, attention should be paid to the 120 trend line and the resistance point of the upper Bollinger Band at $2761. The middle track is at $2510. The KDJ indicator is contracting at a high level, and the overall trend is currently in a high-level consolidation state.

In the short-term trend on the four-hour chart, ETH encountered resistance, and the support point of the EMA15 trend is still rising, having reached $2675. The MACD indicator shows a top divergence, with increased trading volume, and the DIF and DEA are expanding upwards. The upper Bollinger Band's resistance at $2730 has turned into support. The support of the middle track should focus on $2655. Overall, the four-hour level trend has experienced two jumps and is currently in the third jump. Whether ETH can continue this trend and achieve further gains still requires observing the strength of the pullback support. In terms of strategy, it is recommended to attempt short positions at key resistance points while positioning for long at support levels.