Yesterday, $ETH indeed pulled back to around 2456 as expected, and this position is crucial.
Currently, the market is still in a consolidation phase, and the direction is not clear. From a technical perspective:
1. 2450-2460 is the short-term support range
2. Resistance above is around 2550
3. Trading volume continues to shrink, indicating strong market hesitation
Personal opinion:
- If it holds above the 2450 support, it may continue to oscillate upward
- A drop below 2430 warrants caution for further pullback risks
- It’s best to remain on the sidelines for now and wait for a clear direction before taking action
Remember, in a choppy market, the most important thing is to control your position size, don’t rush to go all in. It’s not too late to act once the trend becomes clear.