Short-term Analysis of ETH Trends!

Market Overview:

Ethereum (ETH) has experienced a slight pullback, currently priced at 2490, down about 3.9% from the previous value (2590), which was expected. The selling period is not over yet, but the bullish sentiment remains strong! Bearish signals are slightly emerging on the K-line, with bulls and bears battling around 2500. The market seems to be waiting for a major move to determine the outcome, creating a somewhat suspenseful atmosphere!

Consolidation Range:

Upper Resistance: 2500 (hard resistance).

Lower Support: 2400 (key base).

Technical Quick Review:

Four Hours: The price is oscillating between 2450-2500, and the volume is somewhat weak, with no clear direction.

One Hour: The bulls and bears are fighting near 2490, with a breakthrough at 2500 or a drop to 2400 to determine the outcome.

Trend Prediction:

ETH is grinding in the 2400-2500 range; if it hits 2500 and fails to break, it could drop; if it stabilizes at 2400, it could rise. Without major news (like ETF hot money or policy winds), it will continue to oscillate in the short term, with swing trades being the most reliable!

Operational Suggestions:

Short: If unable to hold at 2500, target 2450, stop loss at 2550.

Long: Buy at 2400 if it stabilizes, target 2500, stop loss at 2350.

Swing: Buy at 2400, sell at 2500, and follow up with high volume!

Breakthrough Outlook:

Current price 2490, the bullish sentiment is still present, with short-term oscillation between 2400-2500. To surge to 2600 or drop to 2300, significant news or a surge in volume is required. Bitcoin (BTC current price 103360) is oscillating; if BTC breaks 105000, ETH may surge to 2550; if it drops to 100000, ETH might test 2400.