#ETH巨鲸增持 has been quite complicated recently, with several key positions worth noting.

If it can break above 2800 with volume, this bullish trend might continue. But if it falls back and can't hold the 2780 support line, a bearish outlook would be more prudent.

Looking down, 2755 is an important support - if it can hold steady here, there is still a chance for a rebound. If it loses this level and falls below 2715? Then it’s time to decisively admit defeat. From the hourly chart, only by truly stabilizing above 2815 can there be a possibility to continue pushing into the 2850-2870 range. When approaching 2870, it might be worth considering a light short position, but if it breaks through 2905, one should recognize the direction.

Aggressive traders can set a long position at 2705, but if it breaks 2675, they need to exit. The current resistance levels are at 2810-2850-2870, while the support levels are at 2755-2720-2675. If it breaks below 2755 on the four-hour chart, it will likely drop to the 2715-2680 range.

The box has just been broken, and now it is trying to recover. The key is whether it can break through the midline of the box. In recent days, the candlestick has frequently had long upper shadows, indicating that there is indeed significant selling pressure above—these shadows need to be eaten away to truly start moving; otherwise, it will have to continue wearing down.

Interestingly, the whale that accurately shorted before yesterday's sharp drop has now taken a long position of 56 million dollars in Ethereum. Large funds are beginning to adjust their positions, and market sentiment may be brewing a change.

In the past day, the liquidation amount exceeded $470 million, with long positions accounting for the majority. The leverage that needed to be cleared has basically been cleared, and in the short term, I personally tend to look for opportunities to go long.