Ethereum's rebound highs continue to move lower, from the previous 2460 level to around 2350 now, forming a clear step-by-step pressure trend. The more it rebounds upward, the heavier the selling pressure and resistance become.

Currently, the short position at 2317 is still held, with a buy order at 2348. The strategy and direction of the short position remain unchanged. The minor resistance level above is 2350, which is a key pressure zone from the previous rebound high. Further resistance is at around 2400. Both levels are excellent points for shorting. You can rely on 2350 for the first trial and error. The medium-term target below is initially set at the 2170 area.