ETH continues to move downward in a weak oscillating pattern. The bearish outlook shared previously has successfully played out with a 60-point gain, which is the best proof of our analysis strength.

The market appears to have correction opportunities, but risks are hidden beneath the surface. Each rally is a manipulation tactic by major players to lure long positions and wash out weak hands. Don't change your overall directional bias based on a temporary rebound. Before key resistance levels above are broken through, the bearish logic remains valid.

I recommend everyone stick with the short strategy and don't easily change direction. Hold profits steadily.

Trading suggestion: Short around 2170-2200, targeting 2100-2070, with a break below 2050
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