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Ethereum rebounded in the morning to the 1848 level, liquidating part of the short positions densely clustered between 1845 and 1850. After that, the price kept falling and retracing; it has now dropped below 1800. In the short term, there are still no signs of a bottoming out. For the intraday bias, stay bearish for continuation for now.
ETH: sell 1783 shorts, target 1743, defense 30 points #eth