<ETH Short-term Review 2025/6/16>

This time is different from before, as it broke through directly after retracing to the middle of the range, rather than breaking out after a retracement. So the potential retracement entry point must be moved to the upper boundary of the range: around 2577.

There are only a few ways to enter the market: either oscillate between the upper and lower boundaries within the range, or wait for a retracement after a breakout / or a rebound that gets resisted. Just wait patiently.

Additionally, the phase target for this range breakout can be set around 2650.