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4.24 Morning ETH Market Analysis
Ethereum’s price action is consistent with the broader market overall, and is currently in a consolidation and ranging phase. The short-term structure is relatively strong; downside support is fairly concentrated. After a pullback, further rebound potential is still expected.
Trading strategy: You may build long positions in batches within the $2280-$2320 range. The target is the $2380-$2400 area. Set the defense level at $2260. $ETH