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The four-hour ETH pattern has already broken down. Overall rebound strength is weaker than Bitcoin. The key resistance for the night-time rebound is at 2330. If the price remains under pressure and does not break through, the small-timeframe structure will continue the bearish trend.
Longs should be patient and wait for a wick-and-pullback near 2280, then choose the best entry for positioning. If, during the night, there is a strong breakout above the 2330 resistance level, it would indicate that the small-timeframe pullback correction has ended, and the market may be set to start a second rebound and push higher. The short-term targets are 2380–2400; if it breaks further, it could be around 2450.
For shorts, wait for the rebound to around 2400, then look for an opportunity to attempt a light position. $ETH #山寨币资金回流 #WCTC交易王PK