$ETH
The overall trend for the second coin looks weak, but right now it's still consolidating below the critical upward trend line. It has successfully broken down without a strong rebound, which might signal the end of this wave. Currently, breaking below 2300 could trap more longs, potentially triggering a downtrend. As long as we don't drop below 2300, the overall trend remains bullish. In the short term, there's a resistance zone around 2340, with key pressure at around 2490. The main accumulation zone is concentrated between 2600 and 2650. If we break through 2500, we might see a test of that level. Here, we're just predicting the direction of the market moving upwards, but there's still a lot of uncertainty, so caution is advised. For now, as long as we stay above the critical trend line at 2300, we're mainly looking at a consolidation phase.
The overall trend for the second coin looks weak, but right now it's still consolidating below the critical upward trend line. It has successfully broken down without a strong rebound, which might signal the end of this wave. Currently, breaking below 2300 could trap more longs, potentially triggering a downtrend. As long as we don't drop below 2300, the overall trend remains bullish. In the short term, there's a resistance zone around 2340, with key pressure at around 2490. The main accumulation zone is concentrated between 2600 and 2650. If we break through 2500, we might see a test of that level. Here, we're just predicting the direction of the market moving upwards, but there's still a lot of uncertainty, so caution is advised. For now, as long as we stay above the critical trend line at 2300, we're mainly looking at a consolidation phase.
