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ETH, influenced by the easing of geopolitical tensions, has shown a rebound after a previous continuous decline, with a rebound pattern similar to Bitcoin yesterday.
Currently, it is fiercely battling within the 2000-2160 range. Although the technical indicators show that the resistance above remains heavy, the overall market has not yet broken out of the consolidation pattern. If it can volume-wise stabilize above 2160, the rebound may continue to move higher. Conversely, if it falls below the 2000 mark again, the rebound could end, facing the risk of accelerated decline.