Midday Report$ETH

Earlier, we placed long orders near 1750 for Ethereum, accurately hitting the bottom of this pullback. The market briefly dipped to 1747 before turning upward. This morning, the market surged above 1800, exactly reaching the preset take-profit level for reducing positions. Earlier, we also posted a reminder to take partial profits and let the remaining position continue.

The short-term market momentum is clearly bullish, so following the trend with short-long positions is fine. However, looking at the overall trend over a longer period, neither technical indicators nor market news provide any substantive signals to confirm that funds have completely returned to reverse and restart the bull market. The overall environment is still in a bear market rebound phase, and this rise is just a temporary recovery.

The subsequent strategy is clear: hold long positions in the short term following the trend, and be ready to place short orders at the high-resistance zone as usual. The daily level near 1900 is a key bull-bear boundary for the entire market, with a large accumulation of trapped positions in this area, creating strong resistance. If the daily candlestick closes firmly above 1920, the rebound space will fully open, and the market will likely push toward 2000. Conversely, if it gets stuck at 1900 and falls under pressure, this will basically confirm the local top.

Therefore, next we can wait for the price to rise to the 1870–1888 range to try shorting$ETH , betting on this heavy resistance area. Place the stop loss above 1928. Once the market firmly breaks through this price, it means the short-term bullish structure has fully strengthened. If our judgment is wrong, quickly cut losses and exit!