ETH repeatedly faces resistance above 2400, and currently a large amount of bearish liquidity has accumulated above 2400. If the price needs to decline,



I personally prefer to target the liquidity below by pushing the price down from above. For medium to long-term short positions on Ethereum, it's best to enter again around 2470-2500.

For short-term trading, consider opening a short position near 2400 (with proper stop-loss). The 1-hour support levels below are at 2320 and 2260.

The 4-hour support is at 2180.
ETH-0.24%
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