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Currently, ETH is hovering around 2130, which is the upper pressure level of the descending triangle pattern, and also the confrontation point between bulls and bears. If a breakout occurs and it sustains above this level, we could see 2200-2230.
The RSI indicator is approaching overbought territory, indicating a short-term correction is needed. Therefore, chasing the rally is not recommended at the moment. Consider selling near 2150 and 2200 with protection at 2230.
Short-term support is at 2020. If this level is broken, the bullish trading outlook becomes less favorable, and the 1900 level should be considered. $ETH #加密市场行情震荡