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During the early hours, Ethereum's price once again experienced a rebound trend. Yesterday morning, the market was slightly pressured, with bearish forces tentatively suppressing the price. In the afternoon, selling pressure significantly increased, and the market showed a stepwise decline, with Ethereum dropping to a low of 2156, opening up some downside space. From the current technical pattern, the price has failed to break through the 2250 level effectively, and the hourly trend is still oscillating around the 2200 level. In the short term, trading volume has not shown a significant increase, and this rebound was mainly driven by the U.S. stock market. Therefore, subsequent trading suggestions can rely on the current high points to establish short positions, waiting for the price to further decline.
Ethereum reference: 2192 short. Target 2092. Stop 40 points #ETH #BTC