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11.24 morning ETH insights
Driven by the overall market surge, Ethereum is currently priced at 2877.45 USD (up over 1% within the day), and the previous long position range of 2730-2750 has become invalid, requiring a synchronous adjustment of the entry strategy.
On the daily level, the continuous bullish candlesticks from the 20th to the 23rd, along with the long upper shadow and the shortening characteristics of the histogram, remain valid. The bullish trend remains dominant, but the current price is close to the original target lower edge of 2830, so we need to be cautious of short-term profit-taking risks.
Operation Suggestions:
- Pullback Long Position: Enter the range of 2820-2840, stop loss at 2790
- Target Adjustment: First target 2900, second target 2950