ETH 2310-2290 configuration long

2400-2410 configuration short

From the current structure, ETH is still in a oscillating trend leaning towards the bullish side, and there is no real sign of turning bearish.

The area around 2310-2290 below is a support zone that has been repeatedly confirmed in the past, not only with multiple retests and rebounds but also with clear signs of capital absorption. Every time the price hits this zone, it is quickly pulled back, indicating that short-term bulls are willing to enter here. Therefore, retracing to this zone to set up long positions is essentially "buying support at low levels," and the logic is valid.

The area around 2400-2410 above is a relatively obvious resistance zone at this stage. On one hand, it is close to the previous high, which can easily lead to technical selling pressure; on the other hand, multiple attempts to push higher to this level have resulted in stagnation or even a decline, indicating that both trapped longs and short-term profit-taking orders are concentrated here. So attempting to short in this area is more about "selling high within the range," aiming to profit from oscillation and pullback.

The overall idea is quite clear:
The current market has not broken out of a single direction; it is a typical range oscillation, buying on dips at low levels and shorting at high levels.