The current price of $ETH is $2435. According to the data at 10:15 Beijing time, the daily K-line has broken through the two important trend line pressure levels of EMA15 and EMA30, and the price once reached $2520, indicating that the rising channel has been formed. A new resistance level has appeared, which can be considered as a reference for support points when the price falls back to the neckline near $2400. If the fall-back support is effective, you can continue to consider entering the market with multiple orders, and at the same time, you must do a good job of risk prevention and leave the follow-up to the market time verification.

From the market, the daily K-line has just broken through the two major EMA trend lines, but has not yet completely stabilized. It is necessary to wait until the closing at 8 o'clock in the morning to observe whether the closing price can remain above EMA30 to determine whether it is truly stable. The MACD indicator shows that the volume is shrinking and the chips are increasing. The DIF and DEA are spreading below the 0 axis, and the bullish trend has not changed in the short term. Pay attention to the resistance level of the middle track of the Bollinger Band at $2530 and the support level of the lower track at $2300. The KDJ indicator shrinks upward, and there is a trend of forming a golden cross. The possibility of a pullback cannot be ruled out in the short term, so investors who have not yet entered the market can wait for an opportunity. If the K-line retraces to $2,400, you can continue to consider entering the market, and at the same time shorting at the top pressure level.

Short-term trading advice: Safety first, the market is not 100% certain, so be sure to set a stop loss. You can consider entering the market near $2,435 to open a long position, defend $2,410 to cover the long position, and the target is $2,450 to $2,500. If it breaks, it will look at $2,600, and the stop loss is set at 50 points. You can consider shorting in the upper $2,550 to $2,600 range, defend $2,650 to cover the short position, and the target is $2,450 to $2,400. If it breaks, it will look at $2,350, and the stop loss is also set at 50 points.