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Zhao Youdao: ETH Breakfast (Real-time position 1734)
Ethereum surged yesterday then pulled back, facing downward pressure, with strong resistance above, as expected.
On the daily chart, the market shows oscillation with a bearish bias.
This morning, the recommendation is mainly for shorting on the rise, suggesting to short around the 1750 rebound level, with a stop at 1790, targeting around 1680.