$ETH formed a key bullish turning point around 2,654.93 USD. The intraday range is 2,565.25–2,705.54, with trading volume of 1.7 million USD. Next, watch the validity of 2,705.54 as resistance and 2,565.25 as support, as well as the flow of institutional funds. Risk: If upward momentum continues, be cautious of an overbought pullback and position management.