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ETH spot price 1941. In the short term it’s rebounding modestly to repair, but overall it remains under pressure. The sell pressure overhead hasn’t been fully digested yet, so upside is limited. Don’t chase the rally; the overall approach should prioritize selling into resistance after a rebound.
Wait for the price to rebound and test the 1970-2010 pressure zone. After it faces resistance, open short positions in batches;
First target 1920, second target 1880.
If it can effectively hold above 2020, abandon the high-sell approach. In a downtrend, don’t arbitrarily chase shorts; wait to enter at rebound-and-resistance levels, manage position sizing reasonably, and reduce the risk of short-term volatility.#直通IPO第二期JerseyMikes $ETH