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The weekend market did not experience a strong rebound; instead, weak oscillations have become the norm.
In the short term, the bears still have the desire to push lower. 74300 is the long-term support and resistance line; without a significant breakthrough, short-term stabilization and a rebound are unlikely.
Currently, over the weekend, a 15-minute central pivot has been upgraded to 2045-2000.
In the short term, breaking below 2000, the smaller timeframe has not shown a strong rebound.
In weak market conditions, oscillations are common, and everyone knows the direction is bearish, but reaching 1936 still requires a volume increase.
During the oscillation process, it’s advisable to choose high cost-performance positions to participate.
If the 15-minute oscillation is wide-ranging, it can be easily manipulated. $ETH