ETH short-term positioning, bouncing within the 2100-2300 range, with the target directly aiming at 2300.



After continuous oscillation and decline, Ethereum's short-term bearish momentum is gradually weakening, and a technical rebound window has opened. The next focus is on trading around the core range of 2100-2300, betting on a wave of definitive rebound.

The current market has undergone a round of sufficient adjustment, with support levels gradually solidifying below. The 2100 level is the key defensive position in this round of decline, belonging to a strong support zone. The downward space is now limited, selling pressure continues to weaken, and buying strength is gradually emerging, making the rebound conditions basically mature.

The trading strategy is very clear:
Buy low within the 2100-2130 range, enter in batches, and bet on a rebound.
The first target is directly at the 2300 resistance level, where profits should be taken and exited once reached.

From the trend rhythm, ETH's current adjustment has already released most of the bearish momentum. Market sentiment is in an oversold recovery stage, likely to see a rapid rebound.

2300 is a short-term strong resistance level and also the core target of this rebound. When the price reaches this point, bulls are likely to cash out and exit, signaling the end of the short-term rally!
ETH3.21%
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GateUser-9ccf7051
· 3h ago
Short squeeze is a fact, but the macro environment isn't stable yet, and I doubt the rebound height.
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GateUser-e130bc45
· 4h ago
I marked the 2300 resistance level. Once it reaches there, I will run, not greedy.
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TideEarningsTable
· 4h ago
Tech enthusiasts rejoice, but how many people are betting on ETH to rise by the end of the month on Polymarket? The data speaks for itself.
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L2Mailman
· 4h ago
Target 2300 for profit-taking, where to set the stop-loss? The entire text doesn't mention risk control.
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GateUser-818d3026
· 4h ago
Holding up to 2100 is indeed worth trying, but don't go all-in in one shot; this market can turn on a dime.
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