Ethereum (ETH): Moving in tandem upward, challenging the $2,400 mark

Ethereum today moved in tandem with Bitcoin, with prices steadily climbing, breaking through previous consolidation levels, quoted around $2,340, up approximately 3.5% in 24 hours. The 4-hour moving average system has already shown a bullish alignment; however, it has not yet fully separated from Bitcoin's independent trend.

Key levels and trading strategies: On the hourly chart, a new upward trend line has formed near $2,340, continuously supporting the current movement. $2,400 serves as a short-term key resistance, with a target around $2,500 after breaking through.

· Long strategy: You can gradually build positions when the price pulls back and stabilizes between $2,290 and $2,310, with a stop-loss set at $2,250, aiming for $2,380 - $2,400 and $2,500.
· Short strategy: If the price shows signs of stagnation above $2,390 - $2,410, try short positions with a small volume, with a stop-loss at $2,430, and a super short-term target around $2,320.
· Key support: $2,290 → $2,260 → $2,220
· Key resistance: $2,400 → $2,420 → $2,500
$ETH ‌

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