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A slight pullback does not change the strong momentum, relying on the vital support line for low-position accumulation
Yesterday, Ethereum briefly touched around 2423 before encountering resistance and falling back, with a temporary dip below 2360 during the session. Currently, the price has returned to around 2370, and the overall trend aligns with the expected "dip to confirm" pattern.
From the current 4-hour trend perspective, the bullish structure remains very healthy, and today's correction appears to be a healthy buildup. Although the price has pulled back, it has not broken below the support of the MA7 (yellow moving average), which still remains inclined upward. This indicates that the short-term bullish momentum is strong, and the main force is only cleaning out floating positions without exiting the market.
Go long directly around 2340, with the initial target at 2470, and a breakout above that to 2550.