$ETH This rebound can be viewed as a strong correction within a long-term downtrend, and currently may be entering the latter stage of the rebound. At present, one should not blindly chase long positions near the 2145-2156 moving average density resistance zone, nor should one ignore the strong resistance at 2198 above and prematurely establish medium to long-term short positions. One should wait for confirmation that rebound momentum is exhausted or for a breakthrough at key resistance levels.

ETH4.69%
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