#ETH

The current four-hour level for the concubine has also turned bearish. In the short term, watch for a rebound resistance at 1610. The market needs to stabilize at this price level on the four-hour chart before it has a chance to continue rising. Conservative long positions can wait for stabilization at 1610 on the four-hour chart before considering, with targets at 1650 and 1690.

Do not easily take long positions before stabilization; wait for a second drop to build long positions in the 1490-1530 range.