ETH fluctuates upward, retesting to continue the bullish trend

In the early trading session, ETH generally moved upward with volatility, currently trading around $2,307. Yesterday, a long-side strategy was suggested at lower levels, and all positions achieved over 100 points of profit. After a bottom was established and stabilized in the morning, it gradually moved higher, with multiple short-term pullbacks quickly recovered, showing very weak downside strength. Currently, the bulls still dominate, and the trading approach remains to buy on dips.

From the daily chart perspective, the moving averages still maintain a bullish alignment, and the overall upward trend has not been broken, remaining relatively strong in the medium to long term. After retesting the key support level on the 4-hour chart, it began to stabilize and rebound. The MACD bearish momentum is gradually decreasing, and the KDJ indicator has turned upward from a low position, indicating a clear short-term rebound signal. The Bollinger Bands remain open and upward-sloping, and as long as the key support is not effectively broken, the probability of further upward movement during the day is very high.

Early trading ETH operation suggestion: buy in the 2285–2250 range, with a stop loss at 2230, and target the 2360–2400 zone. $BTC ‌$ETH ‌