$ETH Daily Trend Analysis: ETH is currently consolidating at higher levels on smaller timeframes, showing a triangle convergence pattern. If volume is released again and pushes higher to 2380-2550.

A long wick appearing on smaller timeframes signals weak bullish momentum; consider entering short positions at that time. Pay attention in the evening to Powell's speech and its impact on price movement. March rate cut is already a done deal.

Short Entry Zone: 2380-2550. Defensive stop if it breaks and stabilizes above 2600 (if holding short positions and under safe conditions, use 1/4 of position size to scalp in this zone). 【The main focus should still be on BTC; ETH position size must be smaller than BTC】

Do not recommend participating in longs currently. If the small timeframe reverses to align with the larger bearish trend, you could be locked in for half a year!!!