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Ethereum ETH, after experiencing a surge, has entered a high-level consolidation and correction phase. Yesterday, the short position synchronized with BTC was also a steady accumulation of U.
Currently, ETH attempted to break through the 2270 resistance but failed and pulled back. The daily chart shows a long upper shadow, indicating a short-term correction within a bullish structure. At present, it is in a weak oscillation phase with a battle between bulls and bears. In the short term, watch for a volume breakout above 2280 to pursue long positions lightly. If it fails to hold and faces resistance, consider short positions around 2120.