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Currently, Ethereum's chances to continue bullish are still quite open, but ETH is in a major decision area.
In terms of market structure:
ETH is still holding above a strong support zone around $2,200–$2,300
Key resistance is at $2,400–$2,450
If there is a clean breakout above that area, the potential rally to $2,550–$2,750 is quite significant
Important levels for ETH now:
Bullish confirmation:
4H / Daily candle close above $2,400
Rising volume
BTC remains stably bullish
Bearish risk:
If ETH fails to hold $2,300, it could test $2,100 or even $1,900
#GateSquareMayTradingShare $ETH