From the daily chart perspective of Ethereum, it remains oscillating near the upper band with high-level consolidation, with upward movement facing resistance. The high levels are synchronized with Bitcoin, paying attention to the pressure structure of the 120-day moving average for potential adjustments. Currently, indicators are still in a high-position consolidation, with signs of a potential turning point. The focus remains on whether a dead cross can form after the turn. In the short term, there is still a momentum of bullish recovery. The four-hour chart's KDJ indicator forming a golden cross again indicates some volume expansion in the short-term bullish trend. However, the key point is whether the volume increase during the golden cross can lead to a breakout. The white trading session generally moves in a manner of trading time for space, so after testing the high levels, there is still room for a pullback.

In terms of trading strategy, do not rush to bottom fish for now; maintain a high-altitude outlook and wait.

Currently, Ethereum faces resistance at the key level of 2380. Consider short positions for entry, with two support levels at 2330 and 2300. #美军封锁霍尔木兹海峡 $ETH