$ETH has experienced significant pressure after which it sharply fell, bears currently dominate, overall average lines have already changed direction downwards, the short-term period is in a bearish trend. The last few candles show signs of overselling, but the overall selling pressure does not decrease, it is recommended to maintain a short position strategy on rallies.

✅ Trading recommendations:

Buying zone (reference for the bottom):

➥ Buy point one: 2480 (round number + support of the 120-day EMA line)

➥ Buy point two: 2450 (previous bottom 2442 and intersection with the trend line at the monthly level)

🚀 Stop-loss for long positions: 2430 (if the weekly minimum of 2420 is broken, it is recommended to stop)