ETH Midday Outlook

The hourly chart shows a double top pattern, with the key demarcation range around 1757. Pay attention to whether this range can be effectively broken downwards. The midline of the short-term moving average channel still provides support. If the midline is lost, be wary of a simultaneous drop in the demarcation range. Once it breaks down, a rapid adjustment will follow below.

At this stage, only a small portion of the previous upside has been retraced, and the overall uptrend remains unchanged. The early-session view favoring buying on dips can be held with confidence, with the unified risk control range set at the 1745 level.

Reminder: This is only a sharing of the market trend. Market fluctuations are large; be sure to control your own entry and exit, and view the ups and downs rationally.

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