Ethereum's current situation is very clear: the highs are being pushed down step by step, and rebounds are just opportunities to sell.

Yesterday, it surged to around 2400 but was pushed back down, with hardly any bullish continuation, and a clear upper shadow directly showing selling pressure on the chart.
Looking at the 4-hour structure:
It is now a typical downward oscillation + dominated by bears,
Each rebound is weaker, with highs continuously declining, and the rhythm is very clear. Multiple attempts to break above 2400 have failed, indicating this is not a "charging up" zone but a genuine pressure area.
Don't think about chasing longs anymore; rebounds are opportunities to short.
Trading reference:
Second wave: around 2300 / 2335, consider shorting in batches, targeting a break below 2255 and further down to around 2175.
If it can't go higher, it’s weak; the more rebounds, the better the shorting opportunity. #比特币突破7.9万美元 #以太坊基金会解质押约4890万美元ETH #Aave联合多方启动rsETH全额资产修复计划 $BTC $GT $ETH