Recent technical analysis of Ethereum (ETH) shows bullish signs across multiple time frames, providing investors with some potential trading opportunities.

On the hourly chart, although the ETH price is limited by short-term resistance around $2,796, it remains above key support levels. Analysts suggest paying attention to a breakout at $2,789, which could trigger a new round of rise.

The 4-hour chart shows a more optimistic trend, with prices having broken through several important moving averages. At the same time, the MACD indicator has shown a bullish crossover, accompanied by an increase in trading volume, which indicates the possibility of further rising towards the $2,942 area.

On the daily chart, ETH remains above the important moving averages and has broken through the resistance level of $2,827. This breakthrough lays the foundation for advancing towards $3,189 or even higher.

Based on these observations, the analyst has put forward the following trading recommendations:

1. Buy the dip in the range of $2,774-$2,750, set the stop loss below $2,774, with target prices of $2,830 and $2,942.

2. Gradually build positions in the range of $2,688-$2,627, with a stop loss below $2,627, and target prices of $2,942 and $3,100.

3. On the daily chart level, consider adding positions after breaking through 2,827 USD, or buying during a pullback in the range of 2,778-2,657 USD, with a stop loss set below 2,657 USD. The long-term target prices are 3,189, 3,638, and 4,000 USD.

However, investors should note that any breakout needs to be supported by sufficient trading volume to avoid the risks of false breakouts. At the same time, strict risk management is also essential. It is recommended to control the risk of each trade within 2% of the total capital and to strictly implement stop-loss and take-profit strategies.

Overall, the current technical analysis of ETH shows positive signals, but investors should still operate with caution and make wise investment decisions based on the overall market environment and their personal risk tolerance.