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ETH breaks through 2300—will 2250 follow?
Current 2300–2400 has already become an important battleground range. They quietly pushed the price up in the early hours to bait longs, and in the end they dumped it.
The 2345–2355 range hits the hourly line’s resistance; last night’s dump has already fueled bearish sentiment;
and it has begun to affect retail traders’ decisions—on-chain funds have started to flow out.
The day before yesterday, I already sent 2350–80 to short; I think someone must have seen it and should go for it.
The goal is to see a key level below, around 2300.
Don’t chase after the move once the price action has already played out—the positioning for the next phase is already in progress.