#ETH

🧭 ETH has been fluctuating between $2735 and $2323 for several days, like a buildup before a big move, no pain, no gain!

🟩 Bullish Scenario: Challenge the resistance zone, target above 2879+

Currently, the bulls are striving to push upwards:

If it can break through $2635, it is likely to challenge $2738;

If this wave can break through the resistance zone of 2738-2879 USD, then it will be a true breakthrough, and the subsequent bullish space will be opened!

But the pressure in this range is considerable, and the army of sellers is on high alert here, making it not so easy to break through.

However, we still have hope:

If the price is blocked from above but can stop falling and rebound near the 20-day moving average, the bulls will immediately organize a second assault.

🟥 Short Selling Script: Be careful once the support is lost!

Don't celebrate too early; if ETH breaks below the 20-day moving average, it indicates that this surge is just a "false alarm".

will continue to consolidate sideways between $2323 and $2735;

If it further breaks below the key support level of $2111, the bears will take full control of the market, which could trigger a deep downturn!

🔍 Current Form Summary

⬆️ Up
Breakthrough 2635/2738
Looking towards 2879 or even 3153

⬇️ Down
Break below the 20-day moving average / 2111
Pull back below 2111 or even to the 2000 level