ETH is still a bit strong, consolidating above the 200 moving average on the 15-minute chart at 2480. The SKDJ indicator has reached the bottom again and is poised for a golden cross, which may signal a rebound trend. It could consolidate by pulling down the 4-hour SKDJ indicator before starting to rally again;
Looking at the chips, strong support is around 2485, and the bullish chips remain strong. The bears are facing resistance at 2550-2610, but the volume is relatively low, so there is a chance it could break through. Thus, we remain optimistic and expect a resurgence after the consolidation;
In terms of operations, for Ethereum and altcoins, look for short positions at the golden cross at the bottom of the SKDJ on the 15-minute or hourly charts, and exit at the top when the SKDJ is overbought. Short-term bottoms may occur at the golden cross after the 4-hour SKDJ reaches the oversold level, allowing for added positions to capitalize on a breakout;
