ETH Evening Analysis: Downward trend, increased trading volume and bearish patterns confirm selling pressure, a short-term rebound may occur, overall trend remains bearish, a low probability of being skewed by evening CPI data, ETH's current chart shows consolidation with decreasing volume, lack of upward momentum, resistance at 2370-2390, support at 2250-2280, a break below 2280 would turn it bearish, the only variable is if the CPI data exceeds expectations and is very negative, which could directly break through 2280, conversely, positive news may cause a brief surge to 2390, but it’s difficult to stabilize and will likely fall back into consolidation, with a probable range around 2280-2370, mainly shaking out traders, brothers without orders can wait for the evening CPI to decide on trades, personal analysis, for reference only.

ETH-0.66%
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