9.4$ETH Today's Silk Road
Today's high reached 2528.31. The short-term market is in a pullback and consolidation phase. MACD is below the zero axis, but bullish trading volume remains sufficient, indicating that the uptrend is still intact. Breaking the previous high may require multiple attempts. From a cyclical perspective, the market is likely to surge and then pull back, with a minimum pullback to consolidate around 2480. Short positions are relatively riskier than long positions, especially if a wick spikes straight above 2520.
Operation advice: Enter long after stabilization (light position)
Trading range: Enter long on a pullback near 2480
Stop-loss defense: Below around 2460
First target: 2510
Second target: 2540
Long-term target: Above 2560
Short positions are tradable, but not now
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