Yesterday's market movement was in line with expectations, really like Zhang Fei eating bean sprouts—easily grasped! First, a range-bound consolidation with increased volume broke through and stabilized at 2377, then quickly surged, perfect. Today's market is actually quite simple; it's important to understand that the market direction and momentum are consistent with Bitcoin. So, casually observing Bitcoin can help with Ethereum trading. Currently, Bitcoin is in a bearish trend, with the long-short dividing line at 74,550; below that, it’s all downward outlook.

Today, Ethereum has not formed a clear five-minute central or an upgraded central consolidation, so it’s not very obvious or intuitive. The preliminary estimate is roughly 2332-2316.
What is clearly known is that Bitcoin and Ethereum are currently in a bearish state today. The long-short dividing line is at 2361, which is a key point to watch for a pullback. Stop-losses are relatively large; it’s more reasonable to combine the range with your risk tolerance for operation.
Actually, I’ve said many times today, after any peak, there is a period of slack. As long as emotions follow the market, there’s not much problem.