Brothers, I am Lao Wu! ☕

Today’s ETH chart is a bit interesting. Everyone is watching BTC’s mood, our second brother Ethereum is slowly following behind, but as I said before: “It hasn’t truly taken off yet, but it’s already on the runway.” 🛫

Here are the key points for today, take notes! 📖
📉 The current structure: patience is the only word!
Currently, ETH is just a “relay oscillation zone.” BTC is dancing at high levels, institutional funds haven’t fully shifted their focus to ETH yet. Don’t rush, capital rotation always takes time; consolidating sideways is for better direction choices.
The current core range: hovering around $2320. ⚖️

🔥 Looking upward: where is the ceiling?
First hurdle: 2350–2365 — There are quite a few trapped short positions here, short sellers are guarding this zone, only a breakout can accelerate. 🚀

Core ceiling: 2380–2400 — Attention! This is the most important level right now. Holding steady here, altcoins will follow suit and take off, and everyone’s sentiment can turn bullish. 📈

Stars and the sea: 2500–2550 — Don’t expect a quick surge past this, it’s full of old investors’ stop-loss orders, need to grind slowly. 🧱
🛡️ Looking downward: where is the bottom?

Intraday critical line: 2300–2310 — As long as it doesn’t fall below this, the bulls are still in control. If it breaks, it might be time to wash out. 🚿

Bull lifeline: 2270–2285 — This is the level I value most. Large funds are clearly accumulating here, as long as a pullback can be recovered, the main force is still collecting. 🧲

Ultimate defense line: 2180–2200 — If it really drops to this level, that’s the boundary between bull and bear. If it can’t hold, everyone should prepare for winter. ❄️

💡 Lao Wu’s personal words
Everyone keeps asking me: “Lao Wu, why isn’t the capital moving into ETH?” Honestly, right now it’s just missing a “story” to lead the way.
My predicted scenario: the highest probability is grinding around 2300, then a volume breakout to 2400. Of course, the main players love to play “pinning,” first breaking below 2280 to scare everyone, then violently pulling back, be careful not to get washed out of leverage!

To sum up:
2280 is fate, 2400 is luck, 2450 is the real switch for the main upward wave! 🔑
Stay steady, see you on the runway! 👊#美国4月CPI上涨3.8% #eth $ETH