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Two ETH contracts are synchronized to a bearish outlook, resonating with Bitcoin’s pullback rhythm.
On the 4-hour timeframe, there is a spike and then a pullback; the moving averages turn downward and suppress price, upside momentum fades, and the short-term focus keeps shifting lower.
Multiple rejections above 2400 lead to poor rebound sustainability; the weak-market pattern is clear—prioritize shorting rebounds.
Strategy
Place short orders around 2320-2350, and if it breaks below 2280-2250, extend the outlook to 2200; the defense stop depends on your own position size.
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