ETH is adjusting within a range. Short-term participation is sufficient.

Yesterday, Bai Pan saw narrow-range, excessive choppiness. After a brief surge in the early hours, it stalled at 1637, then followed with a mild pullback; it is currently oscillating around 1590.

From the 4-hour chart: after the earlier dip to 1510, it continued to trade with an upward oscillation. Currently, on the smaller timeframe, there have been consecutive bullish “dou” candles moving up, but it hasn’t shown much further continuation. Overall, it still looks like a 🈳-type formation. However, as the support below gradually rises, in this kind of setup, it’s not advisable to chase 🈳 too aggressively.

For intraday reference: look at the 1570–1550 area for entries, with upside targets at 1620–1650. Once it reaches the target area, if it doesn’t continue, you can reverse and go for 🈳.