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Today, the ETH market trend directly broke out from a period of consolidation! From midnight to the morning, it traded narrowly in the 2250-2300 range, with trading volume staying sluggish and showing no sign of any meaningful movement. In the afternoon, the bulls suddenly gained strength and expanded volume, pushing the price up steadily, all the way to 2341.53, the intraday high. The short-term rally surged to the max instantly, completely breaking the previous sideways stalemate!
After the afternoon spike, the market entered a high-level consolidation and pullback phase. Volume gradually shrank, and bullish momentum slowed down slightly. In the short term, the battle between bulls and bears has fully heated up. Right now, itโs neither the time to blindly chase longs, nor the moment to casually short. The key support and resistance levels are the core of the upcoming trading focus!
โ Precise intra-day operation levels (copy the play)
๐น Long idea: On a pullback to 2310-2320 and stabilization, enter; stop loss below 2305; target 2340; if it breaks through, then look for 2360-2380
๐น Short idea: On a rebound to 2335-2340 where price meets resistance, enter; stop loss above 2345; target 2310; if it breaks down, then look for 2295-2300
โ ๏ธ Friendly reminder: The crypto marketโs volatility is extremely fast. Make sure to set stop losses, strictly control your position size, donโt chase highs, and donโt hold onto positionsโavoid letting a short-term move turn into a stuck trade!
Do you think this ETH move is a real breakout continuation, or just a bull trap followed by a pullback and shakeout? Right now, are you holding long, holding short, or just watching from the sidelines?$ETH $BTC $DOGE โโ