What should we look for next in ETH?
Short-term capital withdrawal pressure from the second tier is significant. Selling pressure coexists with active trading. The price has broken below the hourly midline and is operating close to the lower line, currently in an oversold area.
Key resistance: 2570-2585 range; if the rebound is blocked, the trend will continue to be bearish.
Key support: 2450-2420. The selling pressure has not been fully digested, and the decrease in volume suggests a weakening of short-term selling.
If the price continues to rebound weakly, we will continue to short today!
I will publicly indicate the detailed positions in the fan group!
