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ETH rebounded after hitting the lower edge of the upward channel this morning. I previously suggested entering long positions around 1905-1940.
ETH is still in a downtrend channel. In a bear market, focus on shorting during rebounds and take long positions with small size.
For shorting, watch the 2050-2070 range; if broken, look for resistance around 2100. For longs, consider the 1905-1940 and 1810-1850 levels.
Ideally, wait for a downward spike or a bottom reversal pattern before entering long positions $ETH .