Recently, those who shorted ETH were caught off guard.
However, from the weekly chart perspective,
if it cannot break through 2750 with significant volume, then a pullback will be initiated.
From the weekly chart perspective, in the past, this area has seen multiple retests to form a bottom.
Currently, it is suggested to place buy orders in the lower range, around 2300-2250-2000.
The long-term trend is upward, and after the pullback, it will rise again; 4000 may be reached in the next phase.
However, from the weekly chart perspective,
if it cannot break through 2750 with significant volume, then a pullback will be initiated.
From the weekly chart perspective, in the past, this area has seen multiple retests to form a bottom.
Currently, it is suggested to place buy orders in the lower range, around 2300-2250-2000.
The long-term trend is upward, and after the pullback, it will rise again; 4000 may be reached in the next phase.
