ETH shows a short-term bullish trend today, but upward pressure is gradually increasing. The short-term moving averages are in a bullish alignment, with increased volume and outperformance against BTC supporting the bulls; however, overbought conditions on the 4-hour chart, SAR turning bearish, Bollinger Bands narrowing indicating a potential reversal, and an expected EF sell-off all create bearish pressure. Overall, the outlook is neutral leaning slightly bullish, but caution is needed for a pullback after a rally.


In terms of trading, if ETH can effectively break through the 2,460 resistance, the upward space opens; if it faces resistance and pulls back within the 2,380–2,460 range, then watch for support at 2,307 and 2,200.
ETH-0.8%
BTC-0.55%
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