$ETH Free copy of the machine below. ETH is currently in a state of technical rebound + institutional catalyst resonance. BlackRock's staking ETF launch is the most substantive fundamental event in the near term. Short-term overbought is evident, with resistance around $2,200 being relatively heavy, requiring digestion of a round before potential continuation upward. If considering adding to positions, it's recommended to monitor support around $2,100 on pullbacks, with risk control referencing the $1,980 area (liquidation cluster zone). The overall medium-term trend still requires an effective breakthrough of $2,200 to confirm.
$ETH Free copy of the machine below. ETH is currently in a state of technical rebound + institutional catalyst resonance. BlackRock's staking ETF launch is the most substantive fundamental event in the near term. Short-term overbought is evident, with resistance around $2,200 being relatively heavy, requiring digestion of a round before potential continuation upward. If considering adding to positions, it's recommended to monitor support around $2,100 on pullbacks, with risk control referencing the $1,980 area (liquidation cluster zone). The overall medium-term trend still requires an effective breakthrough of $2,200 to confirm.