Early morning direction: Exercise caution when going long. Technical indicators (MA, MACD, KDJ golden cross, price above BOLL middle band) show resonance indicating strong short-term rebound momentum, and the volume-price structure is healthy. However, the funding rate is slightly negative, spot funds are continuously flowing out, and the price is approaching the BOLL upper band and R1 resistance level, indicating that the upward process will not be smooth sailing and may face oscillations and pullbacks. Entry timing: 1. Aggressive traders: can go long lightly near the current price (2289.86) or after a slight pullback to the 2285-2288 range (where MA5/MA10 converge). 2. Conservative traders: wait for the price to break through and stabilize above the BOLL upper band (2294.99) or R1 resistance (2306.66), then enter after a pullback confirms no breakdown. Stop-loss setting: It is recommended to set below the key support level S1 (2273.13) or below the BOLL lower band (2272.23), i.e., in the 2268-2270 range. Based on an entry at 2290, the stop-loss range is approximately 0.9%-1.0%, meeting strict risk control requirements. ATR (13.53) also indicates recent volatility, making this stop-loss space reasonable. Target prices: First target: near R2 resistance at 2321.02, with a return of about 1.3%. Second target: near R3 resistance at 2340.19, with a return of about 2.2%. Ultimate target: look towards the MA120 moving average at around 2341.67.