ETH 2320 Critical Point of Bulls and Bears!

Market rumors say institutions are dumping 57 million large orders as bad news, but in reality, the main force is secretly accumulating at low levels amid disagreements.

The market surged to 2341 but faced resistance and pulled back, currently oscillating narrowly in the 2320 range.
Short-term sentiment disagreements are intensifying, causing many retail investors to panic and expect a pullback.
But the core positive signals in the market have long been clear:
✅ Strong support at 2306 with double bottom not broken, bullish momentum below remains strong;
✅ Short-term moving averages are all supporting, MA5/10/20 maintain a bullish upward trend, and the trend structure is intact;
✅ On-chain activity shows a large transfer of 25,000 ETH, institutions quietly accumulating against the trend, while retail investors panic and sell.

The slight MACD divergence in the short term is not a cause for excessive concern, just a shakeout and reallocation during the rally, not a trend top reversal.
Above 2327–2340 is a dense resistance zone, and once volume breaks through, look for a move toward 2400 target;
If it pulls back under short-term resistance, the 2280 strong support level is an excellent opportunity for low-cost accumulation.
Refuse to be misled by short-term volatility; the true trend always hides in the details of the market.

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