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Ethereum's current trend still remains in a rhythm that looks not weak but always falls short. Although it follows the market rebound, the key resistance levels have not been effectively broken through, indicating limited bullish strength and more of a sideways structure.
From the market perspective, the four-hour timeframe continues to oscillate upward, but the resistance at the highs is obvious, with each rebound having less room, and selling pressure gradually appearing above, while the pullback below is not deep, a typical tug-of-war pattern. This structure is most likely to lead to a sharp rise followed by a fall.
Upper resistance has gradually shifted from around 2460 down to around 2400.
Intraday trading prioritizes shorting at higher levels and buying at lower levels, without chasing rallies.
Reference strategy: short in batches within the 2350-2400 range, with initial targets below 2300, further aiming near 2210.