Tonight's Ethereum latest trend analysis: sideways with a bullish bias, beware of sharp pullbacks after spikes, and false breakout after high consolidation. Once volume breaks above 2175, it will trigger short stop-losses, and the price may rapidly rise to test the 2200-2220 range.

The bullish defense level is set at 2130. If a pullback does not break below, consider a light long position aiming for a new high.

Currently (2150), the position is somewhat awkward, located in the upper "mid-mountain" zone.

Conservative traders: wait for a rebound and stabilization around 2120-2130 before entering long positions for a better risk-reward ratio.

Aggressive traders: focus on the breakout of 2175. If it breaks and stabilizes, go long; if multiple attempts to push higher fail, beware of deep night pullbacks. $ETH