ETH trend is mostly within expectations, only the minor level pinpoints had some error, originally planning to go long at 2130, but the low only reached around 2156, so I didn't enter a long position. Since I didn't enter, I need to consider shorting. If the prediction is correct, at least a good correction wave can be caught.



Currently, the high price is still near the upper resistance line, and the minor rebound has not broken the first high point, and has closed back down again, indicating that the selling pressure at the upper resistance line is quite heavy. The probability of a direct breakout is decreasing, so in the short term, it will at least continue to test the lower support line around 2130-2100.

The current minor level forms a triangle pattern, and the price is about to reach the lower boundary line. If it breaks directly downward, it may accelerate the decline. If it holds, there might be another rebound. The expected price range is 2230-2250, which is also my planned short position zone. Overall, waiting for a rebound to short is the safer approach.
ETH0,42%
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