9.4$ETH Today's Silk Road
Market Conditions: The price launched a strong rally from the low of 2388.37, surged to a high of 2528.31, and then entered high-level sideways consolidation. The current price is 2506.58, holding above the key level. On the hourly chart, MACD remains in bullish territory, with both lines running above the zero axis. The Bollinger Band middle line continues to support the price upward, and the bullish trend structure remains intact. The current move is an accumulation and digestion phase after a major rally, building momentum for the next upward move.
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Entry: On a pullback to the 2490‑2500 support range, enter long after a bottoming candlestick confirms stabilization
Stop-loss: Below 2470
First target: 2528
Second target: 2550
Final target: 2580

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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