$ETH just made a serious move.



Ethereum pushed from the $1,900 area to above $2,500 in a sharp breakout, before pulling back toward $2,430.

Now the key question is simple:

Can ETH hold the $2,400 area and turn this breakout into support?

If buyers defend it, the next move could get interesting.

Watch the levels. Manage risk. Don’t chase green candles.

#GateLaunchesJapaneseStockTrading
ETH3.70%
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GasFeeApprentice
· 08-23 12:57
Haha, the familiar script again: a surge followed by a pullback, then a bulls-versus-bears battle in the comments. If 2400 holds, it’s an entry point; if not, the next stop awaits. I only trade the right side anyway—I don’t try to call the bottom.
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IVArbitrageur
· 08-23 03:20
Don’t ask whether it can hold; look at the trading volume. You can try going long on a pullback with declining volume, but if it breaks down on heavy volume, you need to run.
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ChainFerryman
· 08-23 03:07
I think it can hold, after all, funds have been continuously flowing into the spot ETF market. But don’t recklessly add leverage to futures contracts—the risk is too high.
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ColdStorageKey
· 08-23 03:00
ETH surged from 1,900 to 2,500. Such a sharp rise is usually followed by a shakeout. 2,400 is key; if it breaks, the next target is 2,200.
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DaoPeripheralWorker
· 08-23 02:54
This rally is too aggressive; those chasing the top will probably get trapped. It’s better to wait for a pullback and confirmation.
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DeltaNeutral
· 08-23 02:52
Can 2,400 hold? I’m a little nervous.
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