According to the latest trend analysis chart, Ethereum ($ETH ) is currently fluctuating within a triangular area between $2820 and $2430. During the evening trading session, investors should closely monitor the price pressure near the previous high of $2820. It is recommended to consider establishing a short position when the price rebounds to the range of $2780 to $2750; if the price breaks through this range, it may be necessary to reassess the short strategy near $2820. Meanwhile, attention should be paid to the support level around $2580; it is advised to directly establish a long position when the price retraces to the range of $2550 to $2580 without breaking the support level. If the price breaks below, it may be necessary to reconsider going long near $2430.

From a technical analysis perspective, Ethereum's 2-hour candlestick chart showed a downward-inverted doji during the morning session. From a larger time frame perspective, the current trend is leaning bearish, with the price having dropped 50 points. The opening of the Bollinger Bands has retreated below the upper band, with pressure forming around $2760. Additionally, both the 3-hour and 4-hour TD sequence indicators have shown a green 9 at the top, indicating bearish signals, and both have broken below the upper band, fluctuating within the middle-upper band range. After experiencing a one-sided rise, investors may consider seizing profit opportunities brought by the retracement. The evening trading suggestion is primarily to short on high rebounds.