ETH is clearly lagging behind BTC, not moving in sync and forming a weak independent structure.
After the previous spike to 2423, ETH has been in a consolidation phase, pulling back. On the four-hour chart, two attempts to rally have failed, facing resistance and continuing to slide, indicating a lack of bullish momentum.
The resistance overhead is clear: 2465 is a strong resistance level, while 2350-2360 serves as a short-term bounce resistance. The priority today is to go short.
Looking below, the first support is at 2280; if it breaks, the downtrend will continue. If support holds, we could consider a short-term long position. Overall, the focus is on shorting, with key levels to switch flexibly.
$ETH
After the previous spike to 2423, ETH has been in a consolidation phase, pulling back. On the four-hour chart, two attempts to rally have failed, facing resistance and continuing to slide, indicating a lack of bullish momentum.
The resistance overhead is clear: 2465 is a strong resistance level, while 2350-2360 serves as a short-term bounce resistance. The priority today is to go short.
Looking below, the first support is at 2280; if it breaks, the downtrend will continue. If support holds, we could consider a short-term long position. Overall, the focus is on shorting, with key levels to switch flexibly.
$ETH
