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Ethereum overnight followed Bitcoin down all the way, and is currently temporarily finding support around 2250. After a short-term rebound toward 2293, the momentum proved insufficient, and it was blocked again and fell back. Above, 2300 is still a key resistance level.
From the four-hour structure, the overall market is still in a weak downward rhythm. Rebound strength is gradually weakening, and technical indicators are running with a bearish bias, with the bears taking the lead.
In terms of trading, going forward it will still mainly be about shorting on rebounds. Focus on placing short positions around 2300. The downside targets are in the 2220-2150 range.
$ETH #GatePreIPOs首发SpaceX