According to CoinMeta, the range of $2485 to $2505 above ETH is a key area for heavy selling pressure. If the sell orders are executed and not effectively absorbed, it can lead to downward pressure on the price. Today, after ETH rose into this range, the major sellers executed their orders, totaling 46.66 million US dollars, including a large order worth 22.865 million US dollars. Subsequently, the price was once again suppressed and has now returned to around $2485. For short-term trading, we still need to pay attention to the support and resistance zone mentioned last night: continue to observe whether the selling pressure in the $2485 to $2505 range can be absorbed, with $2440 to $2425 serving as a reference for support.