ETH is still in a range-bound state, with resistance at 2680. Only a breakthrough can create better pump space. The support level is at 2520. Looking at the four-hour MACD indicator, there is not much volume in long positions overall. The current market is in a range-bound adjustment phase. The technical indicator shows a signal of change in market trend, indicating that a breakout is imminent. In the short term, counter-trend shorts are still favored.
Reference point: 2627 short, target 2547, defend 40 points
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