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Ethereum four-hour MACD forms a golden cross, indicating an initial rebound has begun.
The resistance levels above are near the middle band of the Bollinger Bands and around MA20.
Once it stabilizes above the dense trading zone at 2170, there is a chance for a trend reversal.
Currently, the downtrend is slowing but has not reversed; be cautious when chasing highs.
Long positions at 2080 can be kept as a core position; the key resistance level is a signal to enter short.
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