ETH 2310-2290 layout long


2400-2410 layout short

From the current structure, ETH is still in a oscillating bullish trend overall, and there is no real sign of turning bearish.

The area around 2310-2290 below is a support zone that has been repeatedly confirmed in the past, not only with multiple retests and rebounds but also with clear signs of capital absorption. Every time the price hits this zone, it is quickly pulled back, indicating that short-term bulls are willing to enter here. Therefore, pulling back to this zone to set up long positions is essentially "buying the dip at support," and the logic is valid.

The area around 2400-2410 above is a relatively obvious resistance zone at this stage. On one hand, it is close to the previous high, which can easily lead to technical selling pressure; on the other hand, multiple attempts to push higher to this level have resulted in stagnation or even a pullback, indicating that both trapped longs and short-term profit-taking orders are concentrated here. So attempting to short in this area leans more towards "selling at the top of the range," aiming to profit from oscillation and pullbacks.

The overall idea is quite clear:
The current market has not broken out of a single direction, it is a typical range-bound oscillation, buying low and shorting high.
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