Ethereum long positions have been successfully closed with profit-taking. Further pullbacks in the market could present opportunities to go long again!

Yesterday, two consecutive long positions were closed with profits. Although there was a slight hiccup—the lower opening of US stocks affected the trend pullback—we adjusted in time, and the long positions still exited perfectly! Ethereum 4-hour chart technical analysis: Price and Bollinger Bands: Current price: 2170.01, up +25.87 (+1.21%) from the previous value. Bollinger Band parameters: MID=2116.74, UP=2200.52, LOW=2032.96. The price is above the middle band and below the upper band, indicating a relatively strong range. The bulls are in control in the short term, but caution is advised regarding pullback pressure near the upper band. MACD indicator: DIF=4.55, DEA=-3.63, MACD histogram value=16.37 (red). Signal: DIF crosses above DEA to form a golden cross, and the histogram is positive and gradually expanding, indicating that short-term bullish momentum is strengthening, and the trend is bullish. KDJ indicator: K=72.73, D=67.03, J=84.12, signal: all three lines are in the strong area above 50, and the J value is close to 80, showing signs of entering the overbought zone. Attention should be paid to the risk of a pullback after a short-term surge. RSI indicator: RSI6=65.16, RSI12=58.30, RSI24=53.53, signal: the short-term RSI (6) is close to the overbought threshold of 70, and the medium-term RSI (12, 24) is still in the neutral to bullish zone, indicating that the current upward momentum mainly comes from the short term, and the medium-term trend has not yet been fully overheated. Ethereum operation suggestion: It is recommended to enter a long position in Ethereum around 2140, with a target price of 2170-2200. If the trend rises above 2200, continue to hold the long position with a target of 2230. Stop loss at 2100.