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To be honest, this wave of ETH has been more resistant to falls than BTC, but do you really think it can create an independent market? Don't fantasize too much, it's just that the short positions haven't rushed to take action yet.
We just need to focus on the daily structure. There's still a little bit of space above, but it's not enough to drive a trend. The four-hour support is still there, technically it holds up. So what should we do? Take a light long position to grab a bit of profit, and then wait for it to surge up. We will open short positions around the daily high.
Short positions on ETH around 2850, first target is 2600, for the swing look at 2200, long term 1850! #CPI Data Incoming# #Gate 2025 Q2 Report Released# #Gate Derivatives Volume Hits New High#