Concubine holds steady at 2390; short-term first consolidates, medium-term looks for 3000+!



This rally, following the big pump of the main coin, the core is ETF institutional buy orders + a 32% pledged lock-up + a short squeeze—directly breaking through the 7-month descending channel, and the long-term cycle turns bullish.

Short-term risk: It’s already severely overbought; the 2400-2440 zone has heavy overhead resistance. Chasing longs can easily get hit by a pullback.

Steady approach: Wait for a retest at 2200-2230 to go long, stop loss at 2150.
Aggressive approach: Lightly try shorting near 2400, stop loss at 2460, target 2250.

Short-term ranging and choppy consolidation; the medium-term uptrend is clear. Don’t let short-term price swings shake you out—catch the pullback opportunities to enter more steadily $ETH
ETH2,86%
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