ETH Market Analysis: Weak Rebound Indicates Adjustment Demand, Altcoins Liquidate and Wait for New Cycle. The ETH rebound trend is relatively weak; one must rationally view its doubling from the bottom, having reached the previously anticipated high point range and aligning with the time node. Yesterday (15th) initiated the first wave of slight decline, and the daily closing shows that a waterfall-style crash is unlikely in the short term.
Intraday Resistance: The 2600-2650 USD range has been reached; Support Level: In the short term, first look at 2450 USD, with key intraday support at 2420-2380 USD. If it breaks below, it may test the 2200-2300 USD range.
Altcoin Strategy: Currently, all previous positions have been cleared. Under the market rotation characteristics, the advantages of old coins are difficult to sustain. It is recommended to wait for this round of adjustments to be in place before positioning based on new market trends.
