ETH is currently in a consolidation phase after a sharp rally, facing resistance above and support below. The short-term trend is uncertain, leaning towards oscillating sideways with slight weakness.

Although there has been a short-term pullback, the overall upward channel since the low of 2,102.00 remains intact. The current decline is a normal technical correction following the rapid surge. As long as the key support level is not broken, the bullish trend remains valid.

Trading Strategy:

Aggressive traders: Watch for short positions around 2,195, with a stop loss above 2,200 and a target near 2,180; or consider small long positions around 2,180 to attempt a rebound.

Conservative traders: It is advisable to stay on the sidelines for now, waiting for the price to retrace to the 2,175 - 2,180 range to confirm support is solid before entering long positions; or follow the trend after a clear breakout above 2,200.

Risk Warning: If the price falls below 2,170, the short-term momentum will weaken, and there is a risk of a deeper correction down to 2,150.