During the evening oscillation decline of Ethereum until 2231, there was a quick rebound to 2317 followed by a decline.

During the early morning period, trading volume shrank, and a few large sell orders could trigger a flash crash risk (for example, the 8% drop on June 17 due to geopolitical conflicts).

Recently, 21,100 ETH transferred from Cumberland to Coinbase Institutional, which may indicate short-term selling pressure from institutions.

The Ethereum outlook is bearish around 2270-2250, looking down towards 2200-2180.

Strategies for breaking through 2288 need adjustment #币圈