$ETH Ethereum is consolidating and coming under pressure while trading at high levels. After failing to break through 2400 more than 2400 times, volume has increased but the market has stalled at the highs. The price is being suppressed by the descending trendline, and the momentum of short-term bulls has shown some weakening.

Resistance above is mainly concentrated in the 2380-2398 range, with the strongest resistance being the prior high of 2462; support below is first to watch around 2340, and if it is lost, then look toward the area of 2310.
On the 1-hour timeframe, the MACD red histogram bars continue to shrink; on the 4-hour timeframe, the price is still below the descending trendline. Overall upside momentum is weakening. In the short term, the market is mainly expected to trade with a choppy and slightly weak bias. If bounces face pressure, consider trying a short position with a light position size; after the price pulls back and support stabilizes, then consider setting up a low-buy position. #美国寻求战略比特币储备