$ETH #ETH/USDT

The disk of ETH is slightly clearer than that of BTC. It is currently located in the lower half of the 2710-2465 box, and 2580 has become an effective resistance.

Although the seller's capital column is dominant, it has begun to shrink, and the candle chart below has also crossed the yellow line. If the closing can stand above the yellow line this time, the probability of reaching 2580 will also increase.

Both long and short positions can be planned around the 2580 area. Whether it is a breakthrough or support depends on subsequent market changes. As for the current price, it is not a good entry point, just wait and see.

"Personal analysis only, 2024.1.16"