# 现货思维

Ethereum surged and then pulled back today, almost perfectly synchronized with Bitcoin’s rhythm.
From 2342 crashing back to around 2300, it’s now stuck below the EMA5 and EMA10, with significant short-term pressure.
Both MACD and KDJ are still hovering at low levels. After being oversold, there has been a small rebound, but the momentum is clearly insufficient.
In this kind of highly correlated market, futures contracts are easily swept back and forth. Better to hold spot and just lie low, then wait until the direction becomes clear.
👉 Do you think Ethereum will first retrace to 2290, or will