These past two days, $ETH surged to 2343 quickly pulled back, typical of news-driven rally. The increase was mainly influenced by positive developments in the CLARITY bill, with regulatory expectations becoming clearer, and phased capital inflows pushing the price higher. However, there is significant selling pressure above, and after the surge, profit-taking emotions are evident, so it has fallen back to hover around 2300. Currently, the bullish and bearish opinions are intensifying between 2300 and 2315: the strong resistance zone is at 2400–2500; the key support is at 2200. The next trend is crucial — either a volume breakout to continue the trend or a pullback to rebuild structure. The current position seems more like a watershed than an endpoint!

ETH0.97%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
ThirteenHammers
· 7h ago
Just wait, just waiting for a news event to break the calm.
View OriginalReply0
  • Pin