Market on May 10th: Yesterday, the section chief reminded us that the resistance zone between 2335-2345 remains important for the bulls. Last night, Ethereum hit 2337 and then pulled back; short-term, it still hasn't broken through here.


It’s worth noting that Ethereum's three box ranges here seem to be climbing stairs, so watch out for the possibility of bouncing off the second box's upper boundary and then rebounding upward. Also, pay more attention to the trend line in Chart 1—whether the section chief is bullish or looking for a rebound.
If the price moves back above 2335-2345, be alert for the third box completing a breakout, which would indicate a continued upward trend. The specific good entry points for long positions will be updated at the rebate center.
ETH1.21%
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