Trend turning bullish, optimistic outlook: Since negative news hasn't caused a decline, it is a positive signal. Currently is an ideal time to enter long positions.

Key levels:

First target: 2,179 (Bollinger Band upper band).

Second target: 2,197 - 2,200 (previous high and psychological barrier). If this zone is broken, the next target is 2,246.

Support level: 2,149 (Bollinger Band middle band). As long as it does not fall below this level, the short-term bullish trend remains intact; if it does, caution is needed for a retest of 2,120.

Risk warning: Although the market is strong, attention should be paid to the correlation effects after the US stock market opens in the evening. A significant plunge in US stocks could drag down the crypto market. However, given the current strength, any sharp decline might present a buying opportunity.

The market's actual movements have dispelled concerns about a "bull trap," and bullish momentum is robust. We are on the verge of a breakout. It is recommended to hold or lightly add positions around the 2,150 level to target the push toward 2,200. $ETH