ETH is currently in the consolidation stage at the upper end of an uptrend channel on the 1-hour level. The bullish trend remains unchanged, but in the short term, it faces strong resistance at 2,167 and demand for an overbought correction. The next 1-2 hours are crucial. If it can break through 2,168, it will open new upside space; if blocked and falls back, it will likely retest 2,148 for support.

Currently, ETH is in a weak oscillation consolidation stage at the 4-hour level, constrained by the middle band of the Bollinger Band.

Bullish condition: A large positive candle with volume is needed to break through 2,162 and hold firmly, confirming the continuation of the rebound with targets around 2,200.

Bearish condition: If the price is blocked and falls back around 2,162, or breaks below 2,140, it will likely test the validity of the previous low support at 2,097 again.

Trading suggestion: Currently in a "sandwiched" market with pressure above and support below, with an unclear direction. A prudent strategy is to wait and observe for a breakout above 2,162 before considering entering a long position, or wait for a pullback to around 2,100 and stabilization before attempting a short-term long. Avoid blindly opening positions at the middle of the current narrow oscillation range. $ETH