The trend of ETH is similar to that of Bitcoin; ETH's independent market has almost ended. This wave of ETH also rebounded after quickly retreating from the high point. This time, we need to see if ETH can stabilize at the 2580 level. If it can stand above, it will continue to rise, but the momentum is limited, and it will hover around 2700.

From the 4-hour chart, ETH has also reached a critical position. If this position breaks, it will lead to a bullish trend. If it cannot hold above, after some fluctuations, it will drop back below 2400.

The intraday operation will focus on observation, with a bearish bias. Waiting to enter at key positions.

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$ETH