$ETH ETH holds above 2500; the shorts are being pushed back
2500 is not just a whole-number level—it’s a pressure line for ETH shorts. After ETH reclaims 2500, the shorts start to get squeezed. Over the past period, the liquidation volume of short positions has been far higher than that of long positions, which suggests the rally is forcing shorts out and triggering a squeeze-style rebound.
From the chart, this upswing hasn’t been driven by excessive speculation, and the short-term structure looks relatively healthy. So, at key levels, I decisively guided friends who followed to set up long positions.
In terms of execution, the focus is whether price can hold above 2500 and absorb the sell pressure. Resistance remains around 2540–2560. When price touches this zone, pay close attention to volume changes: a breakout with rising volume counts as an effective confirmation and you can look for continuation. If the move stalls on lower volume or price spikes and then falls back, watch for a pullback confirmation and protect profits in a timely manner.
Strategy: hold longs above 2500; if price breaks below the key support, reduce exposure/cut losses. Don’t chase price—wait for confirmation.
If you want to discuss the bigger picture, you can come to Brother Hui’s chat room to find me at #HYPE涨超11%
2500 is not just a whole-number level—it’s a pressure line for ETH shorts. After ETH reclaims 2500, the shorts start to get squeezed. Over the past period, the liquidation volume of short positions has been far higher than that of long positions, which suggests the rally is forcing shorts out and triggering a squeeze-style rebound.
From the chart, this upswing hasn’t been driven by excessive speculation, and the short-term structure looks relatively healthy. So, at key levels, I decisively guided friends who followed to set up long positions.
In terms of execution, the focus is whether price can hold above 2500 and absorb the sell pressure. Resistance remains around 2540–2560. When price touches this zone, pay close attention to volume changes: a breakout with rising volume counts as an effective confirmation and you can look for continuation. If the move stalls on lower volume or price spikes and then falls back, watch for a pullback confirmation and protect profits in a timely manner.
Strategy: hold longs above 2500; if price breaks below the key support, reduce exposure/cut losses. Don’t chase price—wait for confirmation.
If you want to discuss the bigger picture, you can come to Brother Hui’s chat room to find me at #HYPE涨超11%
