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Syncing with Bitcoin's trend, ETH stabilized at a low level and entered a narrow range of fluctuation. The bullish rebound momentum is relatively weak, and the trend heavily depends on Bitcoin's movement, with no independent trend for now. In the short term, it will mainly consolidate within a range.
The trading strategy remains to follow the trend, closely monitor key breakout points, and avoid blindly chasing gains or cutting losses.
Support below is focused on the 2280–2250 range. If the decline stabilizes, consider light long positions to attempt a rebound and profit from it;
Resistance above is around 2320–2350. If it fails to stabilize effectively, consider shorting on rallies and seize the correction space.
Weekend market trading is light, and ETH's overall volatility is limited. It is recommended to take quick profits and avoid holding onto positions out of attachment. $ETH