Ethereum currently focuses on the 2200 position in the 4H chart. If it holds, there will be a short-term test of rebound at 2285-2320-2380 levels. If it breaks below, pay attention to the short-term support levels at 2180-2145-2100.

Ethereum is still not at a significant low on a larger scale, but there is a strong demand for a short-term rebound. As long as Bitcoin stabilizes, Ethereum should have no problem rebounding to around 2350 in the next couple of days. However, the risk for a short-term rebound is quite high at this time, as the larger trend could drop at any moment. $ETH