In the morning session, a clear resistance level was formed at 2650 above Ethereum. In the afternoon, the market showed a fluctuating downward trend, with multiple tests of the 2590 support level on the hourly chart.
Currently, it is recommended to consider a light position for short positions as a base strategy for short-term operations.
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ETH Market Analysis and Trading Suggestions:
In the morning session, a clear resistance level was formed at 2650 above Ethereum. In the afternoon, the market showed a fluctuating downward trend, with multiple tests of the 2590 support level on the hourly chart.
Currently, it is recommended to consider a light position for short positions as a base strategy for short-term operations.
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