Last night, Ethereum failed to continue its short-term trend, remaining in a consolidation phase overall. The trading volume since the early week's low has basically been absorbed, and the momentum is gradually weakening.

Adding to the uncertainty of the Middle East situation, market sentiment remains cautious. On Wednesday, the market is more inclined to first follow a correction rhythm, paying attention to the resistance at the high end of the consolidation, and watching for pullback opportunities.

In terms of trading, focus on the range-bound rhythm, first capturing the profit potential from oscillations, and patiently wait for the market to complete its consolidation before considering the extension of the subsequent trend.
Try a cautious probe near the previous trend critical point around 2375, then leave the rest to time. After strong absorption, gradually return to a weak rhythm, and watch for shorting opportunities.
Short around 2375, with a stop loss slightly above 2420, and take profit by looking back to the initiation point at 2310, 2280 #比特币反弹 #以太坊