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4.13 Morning ETH Market Analysis
Ethereum follows Bitcoin's trend, rebounding overnight to 2218 and then falling back, currently consolidating around 2205.
From the four-hour timeframe, after a significant bearish candle, the rebound starting from 2157 has basically recovered, and the short-term momentum is weakening again. Although small bullish candles appear on smaller timeframes, the rebound strength is clearly insufficient, and the overall market sentiment is more bearish.
During the day, you can gradually open short positions around 2210 and 2230, with key support levels at 2150-2100. #ETH
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