For Ethereum, we predicted in advance that 1850 is the key support zone at the lower boundary of the upward channel. Based on this crucial structure, we entered multiple long positions in batches above 1870; our unified defense is set at 1835.

The market movement has fully matched our projection. The price bottomed out near 1850, stabilized, then began rebounding upward, with the high pushing up to around 1980.

When the market reached our first take-profit target near 1950, I promptly notified everyone to trim positions and lock in profits. We easily captured nearly 80 points of profit; the remaining core positions are all held with the stop loss moved to break even, continuing the bid to see whether the key resistance around 1968 can effectively break through and hold.

Downside support has already been validated by the market, and the bullish rebound structure is established. However, after the price surged intraday to 1980, the upward momentum clearly weakened, and volume continued to fail to keep up. It ultimately faced pressure and pulled back at the 1968 strong resistance level I repeatedly mentioned. This move once again proves that the support and resistance levels we gave in advance were extremely accurate—throughout the entire run, price action stayed within the key levels we measured.

At present, the core long positions are still being held, with the break-even stop loss unchanged. Next, the focus is whether the 1968 level can achieve an effective breakout and hold. Once it holds 1968, Ethereum will open up upside space, with a high likelihood of pushing toward the 2000 level and continuing higher.

From the daily structure, resistance along the upper boundary of the upward channel is concentrated around 2080. This is also the reference area for our next-stage plan to build swing short positions in batches. If the market plays out as expected, we can then enter high-position shorts in batches.

Ethereum setup: short 2068-2082, defend at 2124, targets to be assessed separately; I’ll also remind everyone intraday with $ETH