ETH Ethereum is currently in a phase of "rebound resistance met, returning to oscillation."

The early session's strong breakout has evolved into a false breakout, with short-term sentiment shifting from bullish to neutral-bearish.

Key Levels:

Upper Resistance: 2,067-2,072 (Bollinger Band midline and previous high zone). Only a volume-supported breakout above this range can open upside space toward 2,095.

Lower Support: 2,039-2,040 (Bollinger Band lower band). This is the last line of defense for the bulls; if breached effectively, it will test the previous low of 2,023 again.

Trading Strategy:

High Sell, Low Buy: Given that the oscillation pattern remains unchanged, trading is suitable within the 2,040-2,070 range. Near 2,040 you can test long positions with light positions; near 2,067 you can set up short positions.

Wait and Watch: If pursuing certainty, it is recommended to wait for the price to break above 2,072 or break below 2,039 before following the trend. The current price level (2,052) is in the middle of the range with an unfavorable risk-reward ratio, so heavy positions should be avoided.

ETH short-term rebound encounters resistance and has returned to oscillation mode. The market is waiting for new catalysts to break the deadlock in the 2,040-2,070 range. In the short term, be alert to the risk of testing the 2,040 support level again; operationally, focus on range trading with strict stop losses. $ETH