ETH is currently at a critical point in the bulls and bears battle:


From the bullish perspective: The 4-hour trend remains bullish, institutions continue to accumulate, ETF capital inflows, and if the $2,280–$2,300 support holds, there is still a chance to push above $2,400.
From the bearish perspective: Daily chart overbought + bearish divergence, short-term volume-driven decline, if it breaks below the $2,285 support, it may test $2,230 or even $2,200.
Trading advice: Mainly observe in the short term, wait for a clear direction. Long positions can set stop-loss below $2,280, while short positions should wait for a confirmed effective break below $2,300.
ETH1.28%
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