$ETH The market funds are clearly rotating now, with Bitcoin holding steady and institutional ETF inflows continuing, funds flowing from altcoins back into mainstream major coins, with Ethereum as the second most directly benefiting.



2320 is a recent strong support level, having been tested multiple times without breaking, serving as a defense position for the main funds. Currently, it is a healthy correction after a high-level consolidation, with bearish momentum weakening and bulls ready to rebound at any time.

Here, opening a long position offers high cost-effectiveness: stop loss near 2270, with a target of 2400 above, making the risk-reward ratio worthwhile.

Under fund rotation, mainstream coins are prone to rebound, and Ethereum's linkage with Bitcoin suggests a high probability of strength, making 2320 a good entry point for buying on dips.
ETH-2.22%
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