Evening Viewpoints from February 26

Currently, ETH surged to around 2148 and then entered a high-level sideways consolidation, now fluctuating around 2058. The overall structure remains a bullish trend characterized by higher lows, but momentum has slowed after the short-term rally, with prices oscillating within the 2050–2100 range to digest gains. Resistance forms above 2140, while the 2050 level becomes a short-term balance point between bulls and bears.

BOLL:
Upper band around 2105, middle band around 2062, lower band around 2029.
The Bollinger Bands remain in an open state, but the price has shifted from running near the upper band to testing the middle band, indicating that the bullish momentum has transitioned from a one-sided rally to a consolidation phase. As long as the price stays above the 2060 middle band, the bullish structure continues; if it effectively breaks below the middle band, the probability of testing the lower band at 2030 increases.

MACD:
Positioned above the zero line, with a noticeably shrinking red histogram, DIF and DEA are flattening at high levels, showing signs of weakening. This suggests the trend has not broken, but short-term momentum is entering a consolidation phase, and attention should be paid to whether volume expands again.

Long Position Strategy (Buy on Dip)
Entry Range: 2020 – 2000
Target Range: 2090 – 2130
Stop Loss: Below 1980

Short Position Strategy (Defend Against Rebound)
Entry Range: 2160 – 2180
Target Range: 2080 – 2050
Stop Loss: Above 2200

Currently, the market is in a high-level oscillation within a bullish trend. Before the structure breaks, focus on buying on dips rather than chasing rallies. Key points to watch are the support at the 2060 middle band and resistance above 2140. If volume expands again and breaks through 2150, the trend will continue; if it falls below the middle band, it will enter a range-bound consolidation phase. Prioritize position control and operate in accordance with the trend.