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$ETH Today’s public reference:
1. Daily chart: Medium-term downtrend channel, rebound as a correction in the downtrend, MA30/60 downward pressure, higher highs gradually decreasing, complete bearish structure.
2. 4-hour chart: Converging triangle consolidation, upper boundary 2180–2200, lower boundary 2120–2140; rebound with decreasing volume, insufficient bullish momentum.
3. Correlation: Following Bitcoin’s weakness, rebound strength weaker than BTC, more likely to break support first.
Trading suggestion: Consider shorting if rebound reaches around 2070-2100
First 🎯2000
Second 🎯1950$ETH