ETH recently experienced rapid downward probing after a period of volatility, with the low point touching around 1935, precisely hitting the expected strong support level. The price then quickly recovered, indicating that the buying pressure below is strong and there has been no effective breakdown.



Currently, the market has shown clear signs of a rebound after a minor pullback, with a secondary double-bottom structure completed on a smaller timeframe. The 1980-1950 range is both a key support zone and located at the 0.618 Fibonacci retracement level, offering a good balance of value and safety.

Next, consider gradually deploying long positions within this range to seize the short-term rebound opportunity, entering cautiously and riding the trend.
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