ETH
Ethereum's recent market performance is noticeably weaker compared to Bitcoin. Following the same reasoning, we need to look for a one-hour level correction. As long as this correction does not break below the 2480 level, it will experience a downward pullback for correction. At the same time, two levels need to be monitored: one is that the slow line of the four-hour MACD should not cross above the zero line, and the fast and slow lines of the one-hour MACD must break below the zero line to trigger a larger pullback. Therefore, in the short term, the market will consolidate at high levels. After the consolidation, if one wants to short, they can do so around the 2460 and 2480 levels, with support at 2390 below. We can bet on a second bottom test at the four-hour level.
