Bullish structure holding onto principal!

$ETH ‌Key levels: support at $2340 to $2342 (EMA cluster) and $2327; resistance at $2356, followed by $2365 to $2370 (Bollinger Band upper band).
Buy zone: add positions near $2340 to $2342 around the EMA convergence; if MA25 tests again with increased volume, add positions in the $2327 to $2331 range.
Sell/Reduce zone: take profits near $2356 to $2360 (1-hour resistance level), and reduce positions in the $2365 to $2370 range targeting extension goals.
Long/short ratio rises to 2.11, with whale long positions increasing by 29.7%, indicating strong bullish conviction.
Recent top traders have shifted to net buying signals, actively building positions around the $2340 support to reinforce that price level.
Despite market volatility, whale bullish sentiment remains strong; above $2360 resistance, short positions are relatively fragile, with potential for short squeezes.
Short-term (1 to 7 days): focus on breaking through $2356, confirmed by volume to verify momentum; key support at $2340, invalid if it falls below $2325.
Mid-term (1 to 4 weeks): build positions near $2340 support to maximize activity gains; target resistance at $2365 to $2370 for position adjustments.
Long-term (1 to 3 months): closely monitor the invalidation level at $2325 to assess trend health; if broader market structure remains constructive, consider building positions in strategic areas.