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Ethereum today moved with the overall market, showing a slightly strong oscillation. After an early surge, it slightly pulled back and entered consolidation, but in the short term, the bulls still have the potential to continue rebounding.
On the four-hour chart, the upward structure has not been broken, and the indicators are still relatively ideal. The support below mainly rests above 2300, and the space for a daytime pullback is expected to be limited. It’s better to wait for a correction before looking for opportunities to go long and catch a rebound.
Trading reference:
Wait for Ethereum to pull back to the 2320-2350 range to buy in batches, initially targeting the 2400-2450 zone, with a stop set at 2300.