ETH has precisely pulled back to the pressure level given before. Affected by the overall structure, the space for direct rise here is limited, and aggressive operations are not recommended.

The current position is not cost-effective to chase the rise. Given that there has been a correction in the 4H, the local bottoming trend will be confirmed during the retracement, and there will be opportunities for right-side trading. It is recommended to wait for the opportunity of 4H divergence or hourly support after the retracement.

Short-term support 2371~2357 (1H support, watch the market), medium-term support 2305~2282 (4H divergence area, support pending orders), short-term suppression 2458~2474