In the early morning, influenced by U.S.-Iran news, ETH sentiment surged to 2330 and then quickly retreated to around the current price of 2220. The emotional trading driven by news has basically subsided, and we are returning to technical analysis to look at the conditions for stable long positions.

$ETH The daily chart still maintains a oscillating upward structure, with 2120-2140 as the previous dense trading support zone, which is also a support level for multiple key 4-hour moving averages, providing relatively strong support; the 1-hour cycle indicator has fallen back into the low zone, with downward momentum clearly weakening, increasing the short-term need for a corrective rebound, which is a healthy technical pullback, suitable for setting up long positions.

Ethereum trading strategy for today:
Buy on dips at 2150-2165, stop loss at 2118, target 2200-2220-2260