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ETH experienced a short-term resistance pressure after breaking through 2300 during the weekend adjustment, with technical indicators showing a consolidation. The daily MACD has a bullish crossover but the red histogram momentum is weakening, indicating a lack of upward strength. RSI hovers around 53, showing a neutral stance but with insufficient momentum, with a bearish dominance. In the short term, avoid chasing or selling in the middle of the range.
Currently, bulls and bears are fiercely contesting around 2180. Watch the area around 2150-2170 for a potential rebound, and look towards the 2230-2280 range.