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ETH is currently in a short-term rebound correction phase within a cyclical bearish structure. Before stabilizing above 2200, the market remains volatile within the range. In the short term, watch the 2200 resistance area above, which is also the 50-day EMA resistance zone. If a volume breakout occurs, it could move higher.
In the short term, pay attention to the first support level at the 2100 integer mark; as long as it remains unbroken, consider attempting to buy near that level. If it fails and breaks below, the price could decline to around 2065 or even near 2000. Conservative traders may wait for a confirmed breakout of the converging triangle pattern before making adjustments.