🥘Currently, in the process of continuous decline last night, it has broken through the upper boundary of the 2145-2155 consolidation box that had been oscillating for over 40 days in the past. Currently, it is rebounding while relying on the support of 2088-2108, attempting to break through and establish a stable position again. Therefore, today we need to continuously observe whether 2155 can confirm a stable breakthrough.

🥘The main entry point for short positions should not be too hasty. After 2155 breaks through and stabilizes, we can look for positions higher up to go short (short entry suggestions for Ethereum will be updated later).
🥘For those wanting to do intraday short-term trading during the day, small position high selling and low buying can be done around the 1H Bollinger Bands upper and lower rails (go short at 2180-2195, go long at 2088-2108, flexible take profit, self-set 30-40 point tight stop loss).
🥘Looking at Ethereum overall, so far it has made a false breakout of the consolidation box during this wave of currency premium appreciation rally. However, the 4H, daily, and weekly uptrend lines remain intact and unbroken. Therefore, treat it temporarily as a normal pullback in the N-shaped uptrend structure.