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Tracking and syncing with Bitcoin’s trend, after stabilizing at low levels it enters a narrow range of consolidation. The bullish rebound lacks strength and relies on Bitcoin to lead; in the short term there is no independent market. The focus is mainly on range-bound oscillation.
Trade in the same way—follow the trend. Watch for breaks at key levels and don’t blindly chase rallies or sell off in panic.
Key support below: 2280-2250. If selling pressure eases and price stabilizes, you may consider taking a light long position to capture rebound gains.
Key resistance above: 2320-2350. If it cannot effectively hold above, consider shorting on rallies and take advantage of the pullback space.
The weekend market is quiet with low trading activity. ETH’s volatility is limited; take small profits quickly and avoid prolonged fights.$ETH #Gate广场五月交易分享