$ETH Yesterday we clearly warned about Ethereum, advising not to chase the highs or sell in panic; the market is just moving steadily within the range of oscillation. I wonder how many friends have kept up with the rhythm and safely taken profits on short positions? During the early hours, Ethereum basically showed signs of a short-term bottoming out. Although the rebound lacked strength and it was consolidating in the low zone, it did not attempt further tests towards 2050, but instead stabilized above 2070 and continued to oscillate. This pattern of not falling further and repeatedly grinding at the bottom looks more like a short-term brewing a rebound correction, and the bears are temporarily unable to push it down.



From a technical perspective, the four-hour chart still shows a typical stepwise downward structure, with each rebound's high point decreasing and lows constantly being refreshed. The overall weak trend remains unchanged. The moving average system is still in a bearish alignment, with the candlesticks generally operating below the main moving averages, showing clear resistance. Looking at the indicators briefly, they are somewhat weak but show no signs of accelerating downward. The daily chart is also within a downward channel, with the 2080 level precisely being the current key resistance zone. If this rebound can push above 2100, the bears might find a new position to re-enter.

In terms of strategy, first focus on this bottom rebound, then take a short position when it hits the key resistance area. Light long positions around 2060-2070, with the initial target being the pressure at 2100. If broken, then look at 2120-2150, and consider lightly shorting on the rebound, riding the trend. #股票交易挑战最高赢17000U
ETH2.65%
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