2.3 Ethereum latest pre-orders placed in the early morning

Ethereum (ETH) has rebounded after testing the bottom twice on the 4-hour chart and has now broken through the 7-day moving average (MA7). This is the first rebound after the price broke below the MA7 from the opening price of this short-term downtrend. Whether it can continue upward depends on the daily closing price and whether the 4-hour MA7 can effectively support the price. In terms of price, as long as it retraces to the 2250 level and doesn't break through effectively, the next target is above the Bollinger Band middle line. Early morning orders can be placed for both long and short positions, just manage your risk. My early morning order for ETH is at 2530 with a stop-loss at 2565, targeting 2430. Another long position is at 2275 with a stop-loss at 2240, targeting 2430. This is just my personal opinion and for reference only.