ETH is experiencing a crucial breakthrough with a stable uptrend structure at the bottom. After reaching new highs, the current price has seen a minor pullback, which is a normal phenomenon. If it stabilizes, it will be conducive to subsequent gains.

Current support level: 2225-2235, resistance level: 2279

Here's my operational advice from a personal perspective:

Retail traders holding long positions can continue holding, with stop-loss set below 2220, target 2300.

Retail traders still on the sidelines should wait for the price to pull back and stabilize in the 2235-2250 USD range before entering, avoiding chasing highs.

Short traders should exercise caution. Currently, bullish sentiment is strong. Short selling is not recommended unless there's a clear top reversal signal.

ETH is in a strong uptrend cycle driven by fundamentals, and the technical breakout has confirmed a trend reversal. While there are short-term overbought risks, there's still upside potential in the medium to long term. Consider going long on dips and monitor key support levels and macro liquidity changes.

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