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$ETH #Daily trend has been activated
The trend has successfully broken through the consolidation range that lasted nearly a month. It has now reached the resistance zone between [1.272 (2388) - 1.382 (2430)] and is retracing to test the previous high near 2200. If the trend continues, 2200 could serve as a good entry point to push towards the new high of 2400. If this level is reached before Friday, the price may fall sharply to the 2150-2070 golden pocket zone and fluctuate within the 2400-2150 range, filling the gap at the bottom of the previous consolidation area at 2600-2700. This could be the final rebound of this bear market, ultimately reaching the bottom of this bear market at 1200.