ETH today's market analysis Recent price has been fluctuating upwards, currently around 2700 points Fluctuation

In the short term, breaking through and stabilizing above the 2700 point indicates a relatively strong bullish trend. The recent performance and breakthroughs indicate strong buying power in the market, especially the large bullish candle on February 17 proving the aggressiveness of the bulls. The current trend is still under the control of the bulls.
Recommendation: It is mainly bullish in the short term, and you can go long on dips, but pay attention to the pressure at the 2850 level. If the price approaches this level again, consider gradually taking profits or reducing positions. If the price pulls back to around 2700, observe the effectiveness of the support before making further decisions. If this support is strong, you can continue to hold or add to your position. On the other hand, if the price falls below 2700, be cautious and wait and see to prevent falling back into a range-bound state.
Technical Analysis
Candlestick pattern: the recent trend is relatively strong, breaking through the 2700 point mark and hitting a recent high.
Market trend: Overall showing a trend of oscillating upward, price fluctuating within the range of 2600-2850.
Support and Resistance: The 2600 point is an important support level, which has been supported multiple times; the 2850 point is an important resistance level, which has been resisted multiple times.
Potential buying and selling points
Buy Point: 2700 USDT (The 2700 level is a recent key support level, supported multiple times and confirming the uptrend.)
Long stop-loss point: 2675 USDT (Breaking below 2675 will mean losing the 2700 support, possibly turning weak.)
Sell point: 2850 USDT (2850 point is an important resistance that has been tested several times recently and there is a significant selling pressure risk.)
Shorting stop loss point: 2865 USDT (If the price breaks through and stabilizes at 2865, it indicates the possibility of further highs, and short positions should be stopped loss.)

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