$ESP Ethereum, the short-term bullish momentum has already ended with an increase in volume. The upward movement shows significant signs of stagnation. After reaching around 2200 previously, it has been declining steadily, with the lowest point at around 2054 during the early hours. There was a slight rebound afterward, but as the rebound weakens, there are further signs of a downtrend.

In the four-hour chart, the price continues to decline, currently finding some support at the mid-line, but all indicators are weakening. Considering the larger cycle structure, the bearish pattern remains unchanged, so the overall trend remains bearish.

Today’s strategy is to short Ethereum around 2090-2110, targeting 2900-2800.