Recently, Ethereum has entered a consolidation period after continuous decline, with lower-level K-lines gradually showing a rebound trend.
However, from a technical perspective, the resistance level above is clearly suppressing, while the support level below provides some buffer, leading both bulls and bears to be in a stalemate. Combined with technical indicators, bears still hold an advantage, and it is expected that the subsequent trend will likely maintain a weak oscillation pattern, with the possibility of further downward adjustments not being ruled out.
Ethereum: Short in the range of 2560-2590, target 2500, looking long-term at 2200, and each should manage their own defenses according to entry points.