The short position approach shared by yesterday’s Ethereum update is still being fulfilled at present. For those who entered short positions, you can continue to hold patiently. The key focus below is the target area around 2210. Overall, the market trend remains weak, with limited rebound strength and clear pressure in the short-term cycle.

On the 4-hour timeframe, after the price broke below a key support level, the bears have maintained strong continuation. Although there is some need for short-term repair, as long as it cannot effectively hold above 2300, the overall pace will still maintain the high-short trading mindset unchanged.

For today’s trading, wait patiently for a rebound around 2300 before considering entering shorts in batches. Avoid chasing shorts at low levels. Keep an eye on how it comes under pressure after a push higher. Below, continue to watch toward around 2210; if it breaks down further later on, there is still room for the downside to open up further. $ETH ‌#Gate广场五月交易分享 #美伊冲突再升级