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The ETH bullish channel has been tested 5 times, with the lower boundary support remaining effective.
After reaching 2411 in the afternoon and then pulling back, if it can hold steady here, there’s a chance to continue pushing towards 2500 later.
Tonight, influenced by news factors, the US stock market is likely to experience another wave of emotional upward movement.
Focus on shorting around 2500; if there’s an upward spike but the close remains within the channel, you can try entering a short position, initially watching 2420, and if it breaks below that, then 2360.
If 2360 breaks and the rebound cannot stabilize, the downward space will open up, and you might consider holding your position a bit longer.
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