At noon, $ETH started from 2200, quickly surged to a high of 2490, and then retreated to oscillate around 2290.
Currently, it is oscillating around 2350. Previously, stimulated by positive news from the spectra upgrade, it surged by as much as 38% in the past 24 hours, continuously refreshing the high points, gaining nearly 700 points in just two days, which indicates a bit of a bullish return. However, there is still a certain gap compared to the performance of Bitcoin.
In the short term, Ethereum has shown a retreat after hitting a high, with strong resistance at 2500 above, while the support below needs to be closely monitored at 2280-2250. If it effectively breaks below this area, then a technical correction will be necessary.
On the contrary, if it breaks through and holds above 2500, then the upside space will further open up.
