$ETH

🚀ETH has been a bit of a “feint” these past two days. Although it broke through the 20-day moving average ($2560) on June 16 and 17, the upper shadow is quite long, indicating that the bearish pressure from above is still present, especially at the 2738 USD level where selling was very decisive!

🔍 Current signal interpretation:

The 20-day moving average is moving sideways, and the RSI is also bouncing around the midpoint, a typical signal of sideways consolidation.

Next, ETH will likely fluctuate between $2323 and $2738.

✅ Bullish scenario:

If the bulls can hold and push the price up to $2738 in one go, then the market will explode!

It may challenge $2879, and even targeting $3153 isn't a dream!

❌ Bearish scenario:

Conversely, if ETH can't hold the support at $2323, then it could be dangerous.

The next stop may head towards $2112, and this pullback could be quite fierce!