Today’s Tuesday Public Reflection (Tuesday)

The current Ethereum 15-minute chart has completed a rapid rally followed by a high-level consolidation in a bullish rhythm, with the BOLL bands showing an extreme opening pattern. The price surged strongly along the upper band and then pulled back, currently trading sideways below the Bollinger upper band.
Although bullish momentum is waning, the overall trend remains relatively strong. Caution is needed for a potential pullback from high levels; do not blindly chase highs.
Core Support and Resistance
• Support below: 2330-2350 (Middle Bollinger band at 2337.46, the current rally consolidation platform)
A rebound and stabilization here can be a light long entry; a break below indicates a trend-following short position.
• Resistance above: 2390-2400 (Recent high at 2395.85, Bollinger upper band at 2426.46 as a strong resistance zone)
If the price faces resistance on the rally, consider a light short position; a break and stabilization suggest a bullish outlook toward 2420-2430.
Trading Strategy:
Enter long around 2330-2350 with stabilization, stop-loss below 2320, target 2380-2390
Enter short around 2390-2400 with resistance, stop-loss above 2405, target 2350-2330
Key Reminder: Focus on buying dips at lower levels, use higher levels as a supplement, strictly control position sizes and stop-losses. #Gate13周年Dr.Han公开信 #加密市场小幅下跌 #美军封锁霍尔木兹海峡 $BTC $GT $ETH