• If it stabilizes around the current support level (about $2,100) and rebounds with increased trading volume, bulls may seek a short-term rebound opportunity. • The initial target for the rebound is near the short-term moving average resistance or the short-term high.
📉 Slightly Bearish (if the downward trend continues) • Once it effectively breaks below the support around $2,100, it may trigger short-term stop-loss orders, accelerating the move toward lower support levels. • The truly critical psychological level below is around $2,000 (very important and historically significant)$ETH
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📈 Slightly Bullish (if the market rebounds)
• If it stabilizes around the current support level (about $2,100) and rebounds with increased trading volume, bulls may seek a short-term rebound opportunity.
• The initial target for the rebound is near the short-term moving average resistance or the short-term high.
📉 Slightly Bearish (if the downward trend continues)
• Once it effectively breaks below the support around $2,100, it may trigger short-term stop-loss orders, accelerating the move toward lower support levels.
• The truly critical psychological level below is around $2,000 (very important and historically significant)$ETH