Still looking at the daily chart, Ethereum successfully retraced to the Fibonacci 50% level of 2108 as mentioned by the second master, without any deviation. Indicators show that MACD is opening downwards with a death cross and has not turned back, while KDJ here indicates a position coupling upwards. From the perspective of the 30-period moving average, the daily level trend is still under pressure. Today's rebound will see if it can effectively break through the 2290-2320 level; otherwise, Ethereum will still experience a second drop. The four-hour chart has formed a golden cross from a low position, and after forming a lower shadow line, it continues to rise. Today is Monday, and the weekly and daily rebound is a normal phenomenon as long as the upper resistance level is not broken; everything is just an illusion.
2290-2320 fluctuates up and down by five points; looking down at 2230-2160
