$ETH 🔥Night Analysis

Brothers, in the short term, the market performance is weak. Although the KDJ indicator shows oversold conditions, there may be potential for a short-term rebound, but the overall direction remains weak. Pay attention to whether the key support level at 2501.44 is effective.

Current market sentiment is bearish, and there is still pressure for short-term fluctuations downward, so it may be wise to wait before considering entering a position.

If the price rebounds to near the resistance level, consider timely reducing positions or implementing short strategies, closely monitor the support level to prevent larger downturns.

If the price rebounds effectively and breaks through MA(60), wait until the momentum is clear before considering going long.