ETH


Failed to sync with Bitcoin’s strength
Instead, it moved in its own independent direction
After surging to 2423 earlier, it has been moving downward all the way
The local trend shows a bearish downward posture
On the four-hour chart, it tested the upside twice again but failed to break through
Then it retreated and fell in a winding downward path
Currently, 2465 above is strong resistance
And 2350-2360 is near-term resistance
For the intraday session, you can consider going short around the near-term resistance zone
Watch 2280 on the downside; if it breaks, continue to look lower
If it does not break, consider going long in reverse
ETH-0.54%
BTC-0.09%
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