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Yesterday, Ethereum bottomed out at 2251 and then rebounded, stabilizing above 2300, indicating a clear upward trend. According to my chart, 2340 is the short-term key resistance. Once this level is broken with increased volume, the resistance will turn into support, opening up room for further upward movement, targeting the 2370 to 2400 range. The overall trend is upward, and pullbacks are just consolidations within the rising trend. The market has not broken down into a bear trend. Therefore, short positions should only be for short-term arbitrage, not for swing trading.
It is recommended to enter long positions around 2310-2290, with targets near 2360-2380!
The above analysis is my personal opinion. Market conditions change rapidly, so strategies are for reference only. Use proper stop-loss and take-profit measures.