The trend of $ETH is synchronized with $BTC , having surged to 2570 in the morning before retreating. It found support at the low of 2367 and is currently consolidating in this range, with bulls and bears in a stalemate.
The four-hour K-line shows a clear consolidation pattern, with prices stabilizing above the lower Bollinger Band, and volatility is limited.
The one-hour K-line indicates balance between bulls and bears, with MACD's downward momentum weakening and KDJ's three lines hovering around 50, showing no unilateral trend.
Support at 2370 is effective, with signs of stabilization appearing, making it advisable to buy on a pullback.
Ethereum afternoon operation suggestion: buy between 2380-2410, with a target of 2500.
