$ETH

1. Core Conclusions:
· Short-term extreme overbought: RSI on 15-minute and 1-hour charts both above 70, a pullback is imminent; avoid chasing highs.
· Medium-term trend turning stronger: Bullish alignment on 4-hour and daily charts, likely to continue upward after a correction.
· Key Resistance: First resistance at 2,066-2,080 (today’s high and psychological level), strong resistance at 2,112-2,120 (upper Bollinger Band on daily chart).

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2. Updated Key Price Levels

· Resistance above:
· 2,066 – 2,070: Today’s high and 15-minute high from 15 minutes ago, first resistance zone.
· 2,080 – 2,100: Psychological level and high from 4 hours ago.
· 2,112 – 2,120: Daily Bollinger Band upper band, core strong resistance.
· Support below (pullback buy zone):
· 2,045 – 2,050: 15-minute MA7 and psychological level, first support.
· 2,025 – 2,035: Core support zone (1-hour Bollinger middle band & 4-hour MA5).
· 1,990 – 2,000: 4-hour Bollinger middle band and psychological level, limit for pullback.

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3. Trading Strategies and Recommendations

Current core idea: Do not chase longs in short-term overbought conditions; wait for a pullback to go long; aggressive traders may try short positions lightly in strong resistance zones, but mainly focus on long entries.

Strategy 1: Buy on pullback support (main strategy, recommended)

· Logic: Confirmed uptrend on daily and 4-hour charts, use short-term overbought condition to enter on pullback at key support zones, aligning with medium-term trend.
· Ideal entry zone: 2,025 – 2,035 (1-hour middle band & 4-hour MA5). Wait for signs of stabilization on 15-minute or 1-hour charts (e.g., hammer, bullish engulfing, RSI falling back to 50-60 and turning up).
· Stop-loss: Below 2,010 (break below 4-hour middle band indicates weakening).
· Targets:
· First target: 2,060 – 2,070 (reduce position)
· Second target: 2,080 – 2,100
· Third target: 2,112 – 2,120 (daily upper band, close position)

Strategy 2: Short at first touch of strong resistance zone (countertrend, requires precise signals, small size)

· Logic: Play the technical pullback at 2,066-2,070 and 2,080-2,100 resistance zones.
· Entry zones: 2,066 – 2,070 or 2,080 – 2,100 (scale in gradually).
· Key premise: Must observe clear signs of resistance (e.g., long upper shadow on 15-minute chart, RSI divergence at top, bearish engulfing candles).
· Stop-loss: Above 2,085 (for first entry zone) or above 2,115 (for second entry zone).
· Targets:
· First target: 2,045 – 2,050 (reduce position)
· Second target: 2,025 – 2,035

Strategy 3: Breakout follow-up (for extreme strength)

· If volume breaks above and holds above 2,070: indicates strong bullish momentum, can add small longs, target 2,080-2,100, stop at 2,050.
· If volume breaks above and holds above 2,100: upward space opens, add to long positions, target 2,120-2,150, stop at 2,080.

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4. Risk Tips and Market Linkage

1. Bull-bear contradiction: Short-term overbought vs. medium-term uptrend; pullbacks may occur rapidly, wait for clear signals before entering.
2. Market linkage: Watch whether BTC can hold above 70,000 (reference); if BTC remains strong, ETH’s upside potential increases.
3. Key observation: Breakthroughs of support at 2,025-2,035 and resistance at 2,066-2,070.
4. Time window: Severe overbought on 15-minute and 1-hour charts, expect pullback within hours; patience for better entry points.

Final advice:

· Conservative traders: Wait for price to pull back to 2,025-2,035, look for signs of stabilization, then go long toward 2,080-2,100.
· Aggressive traders: Lightly short in 2,066-2,070 zone, but set tight stops, quick in and out.

Stay alert, follow the trend, and strictly manage stops.