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Ethereum daily resistance has been broken through, entering a daily rebound phase as well.
Intra-day pullback support levels to watch are 1977 and 1950. As long as the price does not fall below this range during the pullback, the rebound structure remains intact, and a daily-level rebound can continue to be expected.
Long position strategy:
For existing long positions, move the stop profit and loss up to 1950 for defense.
Rebound target resistance levels:
Sequentially watch 2150 → 2200 → 2250. Shorts can look for opportunities around the second and third resistance levels.
Risk warning:
If intra-day pullback breaks below 1950, the rebound pattern weakens, and it is recommended to exit long positions;
Subsequently, wait for a spike down to the 1850–1800 range before considering new positions. $ETH