#以太坊行情技术解读 $LUNA's performance tonight is truly astonishing—a 15% surge in just one night, and this volume-spiking bullish candle has sent clear signals. Those positions previously trapped at different cost bases are gradually being freed during this rise, pushing the price onto a new level. The overall bullish trend has been established.

From a technical perspective, the price is now stabilizing around 0.1643, with the previous high of 0.1808 acting as resistance above. The next few hours to tomorrow are critical—will the price continue to digest the selling pressure and break upward, or will the bears push it back? The market balance may be shifting.

**For bullish traders** considering long positions, here are some thoughts:

First, watch whether the price can naturally pull back from the high of 0.1808. If it can stabilize within the 0.1550 to 0.1600 range and trading volume begins to decline, that’s usually a good entry point. You can scale into longs gradually, but be sure to set your stop-loss below 0.1500 to limit risk.

Second, if the price consolidates briefly and then breaks above 0.1808 with increased volume and stays above, it indicates that the bulls have fully absorbed the selling pressure. In this case, short-term traders can pursue a light position, aiming to catch the acceleration.

If you’ve already built a position at lower levels, the strategy becomes simpler. Currently, the price is near 0.1491—consider this your “trend lifeline.” As long as it doesn’t break below this level convincingly, the entire upward pattern remains intact, and you can hold your position.

**For bears and those thinking of shorting**, risks are also present:

When the price quickly rebounds to around 0.1808 and faces significant resistance, unable to break through, or forms a double top or long upper shadow, aggressive traders might attempt a short with a very small position. But remember, “very small” is essential for risk management.

Another bearish opportunity arises if the price continues to decline and breaks through the key support at 0.1550 with increased volume, approaching 0.1420. This could signal that the previous rally was a false alarm, and the trend may turn bearish again. In that case, a light short position could be considered.

However, trading against the trend requires calmness. All short positions should have a strict stop-loss above 0.1850; otherwise, losses could far exceed expectations.

Reaching this point in the market is essentially a direct confrontation between bulls and bears. Price, volume, support and resistance levels—these are the key indicators you need to monitor. Don’t be scared by short-term fluctuations, nor be overly aggressive. Wait for confirmation, try small positions, and gradually build your holdings—this methodology works well in any market.