ETH/USDT is currently in a "short-term pullback within an uptrend."

The current strategy is "buy on dips," not "chase the rally."
The price remains above the Bollinger middle band (around 2058).
This indicates that the medium-term uptrend is very healthy, with bullish forces dominating.
The price has fallen from the high of 2,159.36 and is now oscillating around 2,123. This pullback is a normal correction during an uptrend, aimed at digesting previous profit-taking and repairing overbought indicators.

Support levels (defensive lines):

First support: 2,110 - 2,120 zone. This is the recent bottom of the consolidation range and a strong short-term support.

Second support: 2,058 (Bollinger middle band). If broken, it indicates the uptrend is broken and a deep correction may begin.

Resistance levels (attack targets):

First resistance: 2,150 - 2,160 (previous high). This is the current "ceiling"; only a breakout here can open new upward space.

Second resistance: 2,180 (if the previous high is broken, this will be the next target).

Trading suggestions (for reference only):

Bullish approach (buy on dips):

If the price pulls back to 2,110 - 2,120 and holds, consider entering a small long position.

Target around 2,150.

Bearish/Wait-and-see approach (risk of chasing high):

Currently, the price is near the previous high of 2,159, and the candlestick has an upper shadow. It is not recommended to chase the rally now, as it may result in being caught at the top.

If it breaks below 2,110, it indicates a deepening short-term correction. It is advised to wait and observe, and only enter after the pullback stabilizes. #加密市场普遍上涨 $ETH