_ETH Core Market Data

• Current Price: 2332.87 USDT, down 1.35% in 24 hours, in a post-surge pullback phase

• 24-Hour Range: High 2415.50, Low 2303.47, approximately 4.8% in fluctuation; after the bulls pushed higher, profit-taking emerged

• Trend Indicator SuperTrend: Current trend line at 2254.97. The price is holding steadily above the trend line, and the mid-term uptrend has not been broken

II. Key Indicator Analysis

1. Trend Structure

From the 4-hour K-line, we can see:

• This upmove started from 2012.55. After multiple pullbacks that confirmed support, it made new highs, which is a trending bullish market

• After this push higher to 2415.50, it pulled back; this is a short-term pullback within the uptrend, not a trend reversal

• The SuperTrend trend line continues to rise, indicating that the upward pace is still healthy, and the pullback is a benign adjustment

2. KDJ Indicator

Current values: K=66.59, D=69.58, J=60.60

• The indicator has pulled back from the overbought area and is currently in a neutral-to-slightly-bullish zone; it has not entered a serious oversold state, and the pullback strength is mild

• There is no death-cross divergence among the three lines, indicating that short-term downside momentum is not strong, and there is a possibility of consolidation and stabilization

III. Support and Resistance Levels

• First support: 2300-2303 (24-hour low + prior breakout platform, strong short-term support)

• Second support: 2254 (SuperTrend trend line; the trend lifeline. As long as it is not broken, the bullish structure remains unchanged)

• First resistance: 2415 (the high of this move; only after a breakout can it open up new upside space)

• Short-term resistance: 2350-2380 (a dense chip accumulation zone during the pullback; rebounds are likely to meet resistance)

IV. Practical Strategy Recommendations

1. Spot/Grid Strategy

• If the pullback does not break below 2300, you can buy on dips in the 2300-2330 range, with a stop-loss set below 2250

• If you use grid trading, the current range is suitable for expanding the grid spacing, covering 2250-2420 to capture volatility profits during the oscillation

2. Contract Short-Term Trading Idea

• When a pullback stabilization signal appears (e.g., a bullish close on the 4-hour chart, KDJ turning upward), you can try a small long position. Targets are 2380-2410

• If it breaks below 2300 and the 4-hour close confirms, the short-term pullback may deepen; you can temporarily watch from the sidelines or try a small short position