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$ETH The second coin yesterday reached a high of 2416, but after approaching 2400, it clearly faced resistance and pulled back. Currently, it is fluctuating around 2330.
Failing to hold above 2400, similar to Bitcoin, this structure is suspected to be a false breakout.
Primarily focusing on short positions (Tong Ge's preference):
Entry zone: 2370-2400 with light positions
Stop loss: Exit if it stabilizes above 2450
First target: 2310
Second target: 2250
For long positions, wait for signals:
A pullback to 2200-2230 with increased volume indicating a bottom, then consider adding long positions
Or wait for increased volume and a steady hold above 2420 to chase longs on the right side (after breakout confirmation)