$ETH
Will the rebound like a small knife on the buttocks continue?
Based on Ethereum's past behavior, it's highly likely, but given the current market conditions and signals, chasing longs has become unrealistic. Please take note.
From the 4-hour chart, the resistance for Ethereum is at 2530 and 2570. Next, we should see if it can break through 2530. If it doesn't break through and gets suppressed, it indicates that a high point has been reached, and one should decisively short. If it breaks through, we can focus on the 2570 level for operations.
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