7.11 Ethereum (ETH) market analysis reference

Ethereum has broken the 2800 line as expected, currently facing resistance near the 2840 position and has pulled back. This indicates that there is still resistance above, and it is not advisable for everyone to blindly chase long positions before breaking the previous high of 2880, to prevent further pressure and the situation of being stuck in high positions. The short-term market is hindered and remains in high-level consolidation, with the price currently running around 2810. However, the overall upward trend has not changed, and we will wait for a pullback to reach support to consider entering long positions.
Currently, Ethereum is performing well, and low-level spot long positions can continue to be held. The short-term price is also constantly testing upwards, so we try to maintain operations in line with the trend. The current price level is too high, so we can be cautious and wait for a pullback before re-entering. Support below is around 2730, and then we look at the 2750 line. 7.11 Ethereum short-term reference:
Short entry point 2850-2905, defend at 3080, stop loss: 50, target below 2800,
Testing the position at 2755-2705, stop loss at 30 points, target above 2805,
There is a delay in sending the article, and the strategy suggestions are for reference only. The market changes rapidly, and no matter how high your judgment of the market is, you must manage your take profits and stop losses well, securing your gains.