April 13 Morning “Er Bing” Reference

In the early morning, Ethereum continued to fall, once again returning to the vicinity of 2180 and maintaining a weak, range-bound oscillation.
Geopolitical tensions remain persistently intense, market risk-aversion sentiment continues to heat up, and combined with capital concentrated outflows after weekend closure, this triggered a wave of stampede-like selloffs.
Currently, Ethereum overall shows a clear bearish structure; the price action has already broken down to the downside. The larger-scale bearish trend has not changed, and there is still room for further downside probing afterward.
In the short term, the 2220-2230 area is a strong resistance. In terms of strategy, you should still mainly look to short on rebounds, with low longs only serving as an auxiliary idea.
Trading suggestion: Short near the 2220-2230 area on rebounds
Target 2090$ETH #Gate现货衍生品双双冲进全球前三