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ETH
Yesterday midday, after a surge to 2400, it paused and then retraced near 2313, followed by a second attempt to rise in the evening, again stalling around 2382. It’s clear that the upward momentum is weakening and not aligning with Bitcoin’s trend.
On the four-hour chart, after an initial surge to 2463, the price has been trending downward with the bulls and bears both making lower highs and lower lows. Currently, it is again supported by the midline on the short-term chart, rising without much continuation. The resistance at 2400 remains effective. Until this level is broken, it’s advisable to maintain a high-position outlook within the day.
Refer to the 2370-90 zone for phased short positions, with a target of 2310-2280.