The $ETH has synchronized rebound, reaching close to 2415, currently fluctuating around 2415.
The 1-hour technical analysis shows that the KDJ indicator has signs of turning, bullish momentum is weakening, and there may be bearish pressure; although the MACD shows signs of rebound, the overall downtrend remains unchanged, the middle line of the Bollinger Bands forms resistance, K-line momentum is insufficient, and following orders are relatively weak, the previous downtrend structure has not been broken.
If the resistance cannot be broken, the bearish trend may continue.
Ethereum afternoon trading suggestion: short around 2415, target 2375, if broken, look for 2320.
