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Ethereum yesterday dipped to 2015, rebounded to 2076 at midnight, but the rebound was relatively weak. From the 4-hour chart, it is still in a consolidation range after the decline, so it is not recommended to chase long positions directly.
The resistance levels above are at 2150 and 2200, which are the top of the previous consolidation box. Selling pressure is quite heavy here. More conservative traders can wait for the price to rebound to this zone and show signs of resistance before entering.
If the downward trend continues without giving a chance for a rebound to short, and the price reaches the support area around 1930, traders can look for a rebound from this level.
Shorts can be taken in stages at 2150, targeting 2030, with the setup being 1930.