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Currently, ETH has formed a complete bullish structure of "uptrend consolidation and retest," with moving averages supporting it well, continuous net capital inflow, and a new round of upward attack imminent.
From the 4-hour chart, it has been rising steadily from the low of 2058.01, with the upward channel intact, lows continuously raised, and the moving averages in a bullish alignment providing ongoing support. The previous oscillation and retest after reaching the high of 2463.86 is a standard upward consolidation, not a trend reversal.
All current oscillations are shakeouts, and all pullbacks are opportunities. Stay firmly bullish on the lows, rely on support to position accordingly, and patiently wait for a breakout.
For the secondary coin, it is recommended to buy near 2350-2380, with targets of 2420-2450, and if broken, extend to 2500. Defensive positioning depends on your own holdings.