🥘 Currently, in the continuous decline process that started last night, it has broken through the upper boundary of the 2145-2155 consolidation box that had been oscillating for more than 40 days. Currently, it is rebounding while leaning on the support of 2088-2108, attempting to break through and establish a stable position. So today intraday, we need to continuously observe whether 2155 can confirm a breakthrough and stabilize.

🥘 For the main entry point of short positions, it's best not to rush. Wait for 2155 to break through and stabilize, then we'll look for positions higher up to short (ETH short entry suggestions will be updated later).

🥘 For those who want to do short-term trading during the day, you can use a small position to do high sell and low buy operations around the 1H Bollinger Band upper and lower rails (short from 2180-2195, long from 2088-2108, flexible profit-taking, carry 30-40 point narrow stop-loss on your own).

🥘 For Ethereum overall, so far it has made a false breakout of the consolidation box during this wave of exchange rate catch-up appreciation process, but the 4H, daily, and weekly uptrend lines remain intact and unbroken. So for now, treat it as a normal pullback in the N-shaped uptrend structure.