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Ethereum's trend is aligned with Bitcoin's relatively strong movement, with the price testing bottom around 2255 and stabilizing, then gradually rising with volatility. Currently, it is holding above 2285 and fluctuating, with the moving averages generally in a bullish alignment.
In the short term, there is a slight need for a pullback adjustment, but as long as the key support at 2280 holds, the overall trend remains in a sideways upward pattern.
If volume increases to break through the previous high, the bulls will have further room to advance; conversely, if the short-term moving average support is effectively broken, caution should be taken as the market may revert to a sideways decline.
At this stage, the overall trading rhythm mainly focuses on buying on dips.
Ethereum trading strategy:
Buy in batches on pullbacks to 2280-2260
Target above: 2320—2360
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$ETH