The midday market is still moving relatively slowly, currently oscillating back and forth around 79,000-79,800. The short-term trend remains quite flat, with limited room for large fluctuations, and the upward and downward space is compressed. However, for the subsequent trend, we still favor rebounds. Short-term weak oscillations do not affect the overall large-scale upward trend. The daily chart is also operating above the middle band, and the four-hour chart touching the lower band immediately rebounds. Support below remains effective. Going forward, focus on going long around the 79,300-79,000 level, with the same mindset—pullbacks are opportunities to buy. Ethereum should follow the midday strategy.

ETH-1.59%
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