Monday Night ETH Jingyi's Thinking

Recently, the second coin has formed a V-shaped rebound, quickly rising from the low of 2007 to the high of 2148, then entering a narrow range of oscillation and consolidation, generally a technical correction after a decline, without a clear reversal trend.

The MACD red bars continue to shorten, indicating that short-term bullish momentum is weakening and there is a potential risk of forming a bearish divergence. During the rebound, trading volume gradually shrinks, currently in a volume-contraction oscillation state, lacking breakout momentum, and the sustainability of the rise is questionable.

First resistance above: 2123-2148 range (this rebound's high point, with concentrated selling pressure), second resistance: 2160-2180 range (previous oscillation platform, dense trapped positions)

First support below: 2090-2100 range (recent oscillation lower boundary)
Second support: 2070-2080 range (correction low platform)
Strong support: 2007 (the starting point of this rebound, if broken, the rebound trend ends)

Trading Suggestions
If a sign of stagnation appears during the rebound to the 2130-2150 range (such as long upper shadow, shrinking volume), consider a light short position, with a stop loss above 2160, targeting 2090-2070.
If it stabilizes during a correction to the 2090-2100 range, consider a light long position, with a stop loss below 2070, targeting 2130-2150.