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Ethereum is primarily focused on retesting the 2140 support level on the smaller timeframe. As long as this level holds, the market is expected to rebound. The upper resistance is seen at 2200-2230. Once successfully broken through, it will initiate a daily-level rebound with targets looking at 2300-2400.
If the 2140 support is broken, long positions should exit first. Wait for the market to spike down to the 2100-2050 zone, then re-enter long positions. $ETH #Gate正式接入Polymarket #加密市场回涨