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#ETH ETH midday analysis
Last night, it successfully broke through the first resistance level but quickly fell back near the first support level. Today's focus is on the key level of 2548. If it can stabilize above this point within 1 to 2 hours, it means that the slight pullback trend has ended and there is hope for a recovery in the upward trend. The higher resistance levels to watch are 2585, 2623, and 2654.
On the contrary, if it fails to effectively stay above 2548, it indicates a lack of momentum for a small rebound, and another decline may occur afterwards. The key support levels to watch are below 2508, 2480, and 2450. It is still recommended to maintain a high-sell low-buy trading strategy.
Operational Suggestions
ETH ranges from 2575 to 2600, with a target of 2521 to 2500.
The range is 2540-2500, with a target of 2588-2600.
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