ETH this wave is the same, rising to the resistance zone and then pulling back, but still a relatively weak market structure.



The support below first looks at the 2289–2250 range. If the market dips into this zone, consider gradually adding long positions; this range offers a very good new price advantage.

Above, the 2340 level is a key dividing line; the bulls and bears are fighting here. If the four-hour chart can stabilize above 2340 again, the bullish structure remains intact, and there’s a chance to continue pushing higher, with the next target around 2423.

Wait for a pullback to add longs below, and watch whether 2340 can hold above; if it does, look for new highs, if not, treat it as consolidation for now.
ETH-0.58%
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