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Market sentiment has already begun to shift, with the bulls once again breaking the illusion.
It has now broken below the 2300-2385 range, and whether it can bounce back tonight with the help of the non-farm payroll report is quite critical.
Otherwise, it will be the start of a disastrous decline.
Based on today's situation, 2281-2303 will be the upgraded consolidation zone in the five-minute timeframe.
The early break was not very strong, indicating a possible divergence situation.
In the overall direction, Ethereum is indeed too weak, mainly being pulled along by Bitcoin's strength.
As long as 2150 does not break, I do not believe a major bearish trend is returning.
If you look carefully, you'll find: the market has been oscillating around 2300-2385, just a five-minute range.
How to catch this divergence?
Breaking above 2281 with increased volume and oscillation can be a gamble for a second five-minute rebound.
My personal suggestion is to wait until it returns to the range to catch the move, as the market often completes a volume surge within just a few minutes.
Each trade is crucial in determining whether the account can grow.
There is no room for another mistake.