Ethereum, based on the current chart, has gradually stabilized after consecutive pullbacks, with short-term support becoming clearer. The 2280-2260 zone has been a multiple support area in previous phases and is also a key support zone in the short-term structure. The nighttime decline did not form an effective breakdown, indicating that the bearish momentum is insufficient, leaning more towards a shakeout and consolidation.



From the rhythm perspective, the hourly level has already shown signs of stabilization, with higher lows, and the bearish momentum weakening. If the retest of the 2280-2260 zone in the morning does not break below, consider gradually entering long positions.

Operationally, it is recommended to enter longs in batches around 2280-2260. When opportunities arise, gradually build positions. The support below focuses on the 2240 level; if broken, the current strategy is temporarily invalid. The initial target above is the 2320-2350 range, and if strength persists, further upward can be considered near previous highs.

Overall, the current trend is not purely directional but more inclined to range-bound oscillation. Avoid chasing highs or panicking at lows. Be patient, wait for pullbacks to create opportunities, control position sizes, and proceed steadily—this is the key.
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