After the support level of $ETH 2620 is breached, the market continues to weaken, maintaining a downward trend throughout the day. The current 4-hour level strong support at 2550 is still holding up.

Ethereum can only hope to gather strength and launch an attack towards new highs if it successfully defends this level. Once breached, the market will continue its downward trajectory.

It is recommended to go short at 2620-2600, with targets at 2550, 2410, 2340.