BOLL (Bollinger Bands): The upper band is at 3070, the middle band is at 2934, and the lower band is at 2805. The current K-line is running below the upper band, close to the middle-upper band, and the Bollinger Bands are slowly narrowing, indicating that volatility is still continuing, but the short-term trend is slowing down. If it stays below the upper band for a long time, it may trigger a technical pullback, with the first target looking at the middle band support area of 2935-2960. If there is a strong breakout in the 3090-3100 range, the next upward trend can be established.
ETH Long Position
Entry Point: 2990-3005
Target: 3050-3080-3100
Stop Loss: If it falls below 2970, it may be considered to exit directly.
ETH Short Position
Entry Point: 3060-3080, resistance encountered on a pullback
Target: 3020-2990
Stop Loss: If there is a volume breakout near 3095, exit with a stop loss.
ETH is currently operating in a high-level fluctuation range,
The trend remains bullish. Exercise caution in trading.
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