Top Instructor: ETH Ethereum🔶 Macro FactorsETH’s macro logic is basically in sync with BTC, but there is one additional point worth noting: the ETH ETF has also recorded net inflows for seven consecutive days (+$38.3M yesterday), indicating that institutional funds are allocating to ETH. In addition, the ETH/BTC exchange rate has performed more strongly during this rebound, suggesting that funds are seeking assets with greater upside elasticity.

ETH conclusion: ETH’s rebound in this round has been stronger than BTC’s (34% vs 26%), but this also means it is more severely overbought and further deviated from its moving averages. A 28% deviation from the daily MA120 is an extreme reading. The 4H chart is forming a “bull flag” pattern. If it breaks above $2,550 on rising volume, it could target $2,620-$2,700; however, if $2,415 fails to hold, a pullback to $2,300-$2,400 would be healthy. Trading approach: As with BTC, do not chase highs. $2,415-$2,455 is a key support zone; if the pullback holds, consider entering long positions. Chase only after a breakout above $2,570 and confirmation that it is holding. With RSI this high, the risk-reward ratio for chasing longs is very poor.