4.29 Ethereum Thoughts | Weakness Continues, Rebounds Are for Shorts

After a pullback yesterday, the early-morning period only managed a minor rebound and correction; once it reached the 2300 area, it was pressed back down, showing that overhead pressure is still very heavy, and the rebound has almost no staying power.
Looking at the 4-hour structure:
The previous leg down was very decisive—one key support level after another was broken. Now the price is basically tracking along the lower band, and the bears’ rhythm is very steady.
In this kind of market, there’s no need to overthink it:
As long as there’s a rebound, that’s a place to short.
Trading reference:
Second “bing”: 2310—2320, short in batches in the vicinity; target 2250. If 2250 breaks down further, continue to watch 2180.
Weakness hasn’t changed—don’t try to guess the bottom; following the bears is the main line. #Strategy吸筹速度超挖矿两倍 #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