ETH Analysis:



Price surged to 2386 then pulled back, currently oscillating near 2330. MA7 and MA30 moving averages are intertwining and moving sideways, with bullish momentum weakening; price is close to the BOLL upper band but lacks strength to break through, with the upper band at 2343 forming strong resistance, increasing downside risk.

The previous high of 2386 has formed obvious top resistance, with the pullback low of 2234.92 exposing weak support below. If 2330-2326 key support level breaks down, it will open downside space toward 2309 or even 2280.

Consolidation period is lengthening, market sentiment is cautious, bullish confidence is insufficient. Once selling volume increases, it will easily trigger a rapid decline.

Trading Suggestion: Short range 2360-2400, target 2280-2200.$BTC $GT
BTC0.01%
GT-1.1%
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