ETH has recently set new highs in a row. Although I missed the earlier wave of gains, today I opened a long position at 2654 and successfully took profit at 2720. At the moment, Ethereum shows signs of stabilizing above 2750. However, on a higher timeframe, I personally still believe it will retrace and consolidate around 2550. Through the liquidation map, it indicates it could reach around 2800, which would basically wipe out most of the liquidity above. Currently consolidating near 2750—now that we’re here, there’s no reason not to sweep the previous high. The strong resistance area above is around 2830. If you want to trade, brothers, you can place a sell order around 2830, and add another position around 2860. Put the stop loss at 2940 to try to catch the top. Brothers, remember to use a small position size to trade.
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