$ETH ETH tonight is still in a weak oscillating structure, with short-term rebound momentum average, indicating that selling pressure above remains.



There is no significant fresh inflow on the fund side, and it's more about existing funds playing back and forth at high levels.

If the support zone below is not broken, there will still be chances for a bounce, but it's a weak rebound; once key support is broken, an accelerated pullback is likely.

The resistance above remains evident, and chasing longs is not cost-effective.

The night session will likely continue to be range-bound consolidation with slight downward probing. It is recommended to adopt a buy low, sell high approach, avoid chasing trades, and wait for key levels to make decisions.
ETH2.97%
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