$ETH Trading has never been about blindly working hard, but about precise directional choices; compared to mechanical execution, having independent thinking ability and understanding the market structure and rhythm is the core foundation for long-term stable profits.

Ethereum first absorbed liquidity above around 2400 yesterday, and the market accordingly weakened with oscillations; CVD showed a clear divergence, and selling pressure above continued to suppress the market.

In the short term, strong resistance above is near 2350; key support below is in the 2295-2310 range. If a small-scale pin bar stabilizes and reverses with a candlestick pattern, it can lead to a right-side setup for a rebound through a game of buy and sell.

Currently, there is no obvious capital inflow in Ethereum, and its trend is significantly weaker compared to Bitcoin; once the support zone is effectively broken, the target below is 2263, a key support level, and observe the strength of support.

The position set yesterday can be partially reduced to preserve the core position for continued holding; if the price stabilizes above 2350 in the short term, wait and see for a second resistance around 2385. The major cycle’s core resistance remains locked near 2500.

Looking at the global macro market, the market has already discounted the potential inflation risk from sustained high crude oil prices; the Nasdaq dropped from 26200 to 22800, with a maximum retracement of 13.18%, then tech stocks collectively rebounded to new highs, with the Nasdaq now up over 26% from the rebound, currently hitting the 1.618 Fibonacci retracement key resistance zone.

The risk of high-level resonance is gradually accumulating, and caution is needed as the Nasdaq may lead a correction, which could trigger a collapse in the entire crypto market’s correlated weakness #CLARITY法案推进受阻 .