My personal opinion on ETH (for reference):

This is the first time that ETH has broken through 2250 in a year and a half!

The total locked value of Ethereum has also risen from $21 billion in October to the current $32 billion. This is a good sign!

From a macro perspective, three dominant factors guide ETH and the market to develop in a positive direction: 1. ETF approval, and the expectation of multiple ETFs passing in January. 2. Major upgrades to ETH at the beginning of 24 years. 3. Expected interest rate cuts in 24 years!

Most of the major positives generated by any major narrative expectations in the market occur in the previous stage of the event, a few months before and after! Generally, when the news occurs, the market has reached the development stage, not the early stage!

Returning to the market: ETH has been advancing directly upward since the opening of this week, and the bulls have a crushing advantage. The weekly K has had 7 weeks of positive lines since mid-October. The general trend is obviously in a strong stage. After breaking through the strong resistance of 2130 last week, it is currently stabilizing above, and 2130 has been transformed into the current strong support. 2020 is the key support, and 1940 is the reference point for trend reversal! 2440-2500 will be the next test of the weekly K level resistance area. At present, at the weekly K indicator level, MACD is still in the early incremental stage of the bullish volume column, and is still in a bullish trend!

Returning to the daily K, the trend of Ethereum has continued to move positively since breaking through the 2130 resistance area, and it has been arranged upward along the upper track of boll in an orderly manner. This is still a manifestation of the bullish trend. If the K closes above 2180 today, it is still likely to keep moving upward! In terms of MACD, the two lines form a golden cross above the 0 axis of 2-3 and continue to move upward!

For the position of ether 2200, it was also a key position for the bull-bear transition last year. A lot of large funds were copied into the locked-in position. Now it has rushed up, it may take some time, and there is some selling pressure! But I think it can break through with the support of the trend. In addition, there is no obvious change in long-term positions. The whales are more optimistic about the long-term trend!

Conclusion: The trend is bullish, the upper resistance is 2440-2500, the strong support is 2130, and the daily K can maintain above 2180. The bulls will continue to arrange and impact the resistance zone. The intraday small cycle: around 2190-2250 consolidation, waiting for a change!