Ethereum Evening Analysis



Ethereum's evening trend has become clear, and short positions can continue to be entered.

Previously, the market manipulators used Iran-related news to clean out long positions, and later, U.S. news supported a rebound, also taking the opportunity to induce many retail traders to chase longs.

Currently, the 2290-2300 range is heavily accumulated with long orders, which is also a potential liquidation zone. The 2280 level has a large number of pending orders supporting it, serving as a strong support.

At this stage, continue to position for shorts, with the first target being a return to 2300-2310.
If it rebounds to 2350 and fails to break through effectively, add positions to continue shorting, with the second target looking at 2280-2290.
ETH1.3%
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