After the short positions took down more than 200 points, the Rebound correction of ETH is a normal phenomenon.



However, the stepwise decline rhythm in the four-hour chart hides key signals. The bullish rebound has been unable to escape the range confinement, momentum is gradually diminishing, and the highs continue to move lower. All of these are confirming the dominance of short positions.

Don't be misled by the Rebound; a correction does not equal a reversal, the direction remains clear.

Operating advice: short positions around ETH 3860-3890, target looking at 3730 break level looking at 3600.
#币圈# #ETH#
PUMP0.3%
CFX-2.29%
GT2.42%
BTC1.78%
ETH5.97%
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