ETH is currently in a critical consolidation phase after breaking through:



Bullish perspective: Double bottom pattern established, volume increased to break through key resistance, institutional holdings continue to grow, ETF capital inflows, short-term trend is bullish, first target is $2,500, after breakthrough look for $2,600+.

Bearish perspective: The 4-hour and daily CCI/WR are both entering overbought territory, indicating a short-term pullback is needed, if it cannot hold above $2,430, it may retest $2,380 or even $2,300.

Trading suggestion: Be cautious when chasing highs in the short term, wait for a pullback to stabilize around $2,380–$2,400 before considering adding positions; set stop-loss for longs below $2,300; if volume breaks through $2,465, follow the trend to enter.
ETH-2.2%
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