Ethereum's price is currently topping out at the upper edge of a wide-range fluctuation, but the overall trend remains upward, and the overall momentum is not weak.

In the short term, the moving averages are a bit chaotic, and the direction is temporarily unclear. Fortunately, the price has not broken below the MA20, so the underlying trend is still intact. The MACD death cross indicates that after a significant rise, a pause is normal, and there is no strong downward momentum; the KDJ has already entered the oversold zone, so the short-term downside is limited, and the probability of a rebound is higher.

It is recommended to go long around 2030 and 2060, with the first target at 2200, and a breakout to the upside targeting 2370.