Ethereum’s trend is similar to that of the equivalent big “bings”/BTC-style chart: the leader leads the way, and the second follows to charge forward. In the weekend rhythm, after Ethereum once rose to 2329, it met pressure and pulled back; after the short-term low came to around the 2170 area, it saw a modest rebound, and it’s currently back to the 2200 area. Overall, it has provided a decline of 160 points,



At the daily timeframe level, it’s also in a box/rectangular range structure. Short-term upward movement is capped/pressured near the upper Bollinger Band area, and the moving averages are flat, with no clear upward or downward trend. The short-term upward pressure is capped, and the daily timeframe level begins to pull back. In terms of operation, follow the trend; short on rebounds.

For Monday morning, the recommended Ethereum short is 2220-230, with targets in the 2150-2100 area.
$BTC
BTC-1,28%
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