ETH Analysis:



Price rallied to 2386 then pulled back, currently oscillating around 2330. The MA7 and MA30 moving averages are intertwined and moving flat, with bullish momentum weakening; price is close to the BOLL upper band but lacks strength to break through, with the upper band at 2343 acting as strong resistance, increasing downside risk.

The previous high of 2386 has formed obvious top resistance, while the pullback low of 2234.92 exposes weak support below. If the key support zone of 2330-2326 is broken, it will open downside space toward 2309 and even 2280.

The consolidation period has extended, market sentiment is cautious, bullish confidence is insufficient, and once selling volume increases, it may easily trigger a quick sell-off.

Operation Suggestion: Short 2360-2400, target 2280-2200.$BTC $GT
BTC-0,26%
GT-1,92%
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