ETH has currently broken above the upper boundary of the small-term downward channel, showing a stronger momentum compared to BTC. The short-term bullish momentum has slightly increased.

In the short term, focus on the key resistance area around $2180. If volume cannot further increase to stabilize above this level, the rebound may be limited;

Support below is around $2078, which serves as a short-term bullish defense zone.

From a structural perspective, even though this rebound shows some strength, I personally believe the upward potential remains relatively limited. It is likely to form a secondary high below $2380. The overall trend has not yet fully reversed, so it’s not advisable to chase too high. Waiting for clearer right-side signals is a more prudent approach. $ETH