Shorting on rallies is the greatest respect for Ethereum! Every rebound is the best shorting opportunity! The short-term rebound is a technical correction after Ethereum's sharp decline and does not change the core bearish signals across different cycles. If the rebound fails to break through the $2,950-$2,980 resistance zone, the price is likely to retest lower levels, possibly even breaking below the $2,880 support level.
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Ethereum
Shorting on rallies is the greatest respect for Ethereum! Every rebound is the best shorting opportunity!
The short-term rebound is a technical correction after Ethereum's sharp decline and does not change the core bearish signals across different cycles. If the rebound fails to break through the $2,950-$2,980 resistance zone, the price is likely to retest lower levels, possibly even breaking below the $2,880 support level.