#ETH Intraday Analysis

1️⃣ Structure Interpretation
ETH price is currently oscillating around 2930. Compared to BTC's range, support and resistance are more clearly defined here.
2️⃣ Capital Flow & On-Chain & Exchange Dynamics
In terms of capital flow, ETH's trading volume has not significantly increased recently, nor are there obvious signs of net inflow, indicating that market participation is temporarily low.
On-chain data does not show large transfers or extreme behaviors; holders are not showing signs of large-scale exiting or entering.
Exchange activity remains stable, with ETH inflows and outflows within normal ranges, supporting the current consolidation phase lacking trend signals.
3️⃣ Intraday Trading Ideas
Bearish approach: If a clear pullback structure appears near the upper resistance zone, consider small short positions targeting around 2850, with stop-loss above the pressure zone break.
Range trading: Alternatively, buy low and sell high within the 3180–2770 range.
In summary, ETH today primarily follows a consolidation strategy; avoid heavy positions until the trend direction is confirmed.
4️⃣ Risk Warning
Volatility risk: ETH is more volatile than BTC and may experience sudden local gaps within the range.
Correlation volatility risk: If BTC undergoes a rapid correction, ETH is usually amplified downward.
False breakout risk: Similar to BTC, if ETH falsely breaks above resistance, it can quickly fall back.