6-1 Ethereum Outlook: Reference 4H
Ethereum is currently overall still in an ascending box structure, although the oscillation range is a bit large. Yesterday's drop found some support at 2480, leading to a certain rebound, and the rebound strength is slightly stronger than Bitcoin. In the short term, 2550 has also formed a resistance.
After the Monday opening, it is uncertain whether we will see a significant rebound, but we can pay attention to whether 2480 can hold. Once it breaks down, it is highly likely to test the edge of the box structure, roughly in the 2400-2380 range #ETH