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$ETH Ethereum Today's Analysis
The price rebound during this period has been unable to gain traction; any slight increase is quickly pushed down, and the overall trend continues downward. The Bollinger Bands are pressing down, with strong resistance above. The bulls have no strength to support the market, while the bears are constantly exerting pressure. The market's center of gravity is continuously declining, making a significant rebound unlikely in the short term. It is highly probable that the decline will continue.
Trading Strategy
Short around 1590 on a rebound, target 1500.