5.11 Luo Yi Morning Ethereum Analysis

Hold onto the low-position opportunities tightly, and wait for the upward surge
A pullback is an opportunity. Firmly buy low and catch the upward movement, with the idea continuing to land and realize profits, and the rhythm clear at a glance. The overall bullish signal continues to strengthen, and the morning trend follows the upward rhythm with the same approach.

The current market trend is steady, with prices stabilizing above 2360 and oscillating. Slight fluctuations at high levels are part of the trend's buildup and consolidation, and the overall upward rhythm has not been broken. Support below remains stable, and short-term downside space is limited. After consolidation, the probability of continuing upward movement is higher.

This morning, I still adhere to the low-position follow-up approach, relying on effective support zones to seize opportunities.
Follow-up range: 2340–2360
Defense level: below 230
Expected target: 2410, further looking at 2460

As long as the market holds the key support level at 2300, the overall upward trend will not be broken. Short-term oscillations are just a buildup process. Be patient and hold the low-position layout, and wait quietly for the market to rise. $BTC $GT $ETH