From the daily chart perspective, Ethereum has been oscillating between 1800–2200 over the past few weeks. Although its MACD is showing a bullish crossover below zero and is spreading upward, it’s still some time away from the zero axis. Therefore, when the rebound approaches the previous high of 2200, it’s likely to face resistance from the previous high. If it fails to break through, it may experience a pullback after the surge. So, avoid chasing the price near 2200. $ETH Ethereum