Midday Market Analysis of the Old Pimp!!!

Currently, $ETH is trading sideways around 2330, which is not weak, but rather the main force is repeatedly rotating and washing out positions at this level.
The liquidation map also shows that a large number of long positions have been liquidated around the 2300 level below, so a break below could lead to a quick plunge;
But if it continues to rise to around 2380, it will also trigger a chain of stop-losses for the bears.
The most critical point now is that there is very obvious support around 2320, with funds repeatedly stepping in on each pullback, indicating that the main force does not want the price to fall sharply for the time being.
Additionally, SOL has already started to show signs of catching up, which is a very important signal that funds are gradually shifting from BTC and ETH to mainstream altcoins.
As long as SOL continues to strengthen, market sentiment is likely to be further uplifted, and the probability of ETH once again hitting 2400 is not low.
So my current strategy is still:
👉 Don't chase highs
👉 Focus on buying on dips
👉 Keep a close eye on whether the support at 2320 holds
The bears shouldn't rush either; right now, it looks more like the main force is oscillating while accumulating, and the real big move might happen in the next couple of days.
Brothers who don't know how to operate, call me!!!
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