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4.8 Double Bottom Strategy
Although the short-term rally was driven by the Middle East ceasefire news, pushing prices up to 2273, the overall trend remains in a medium-term downtrend.
The resistance zone at 2300–2350 is strong, with limited rebound potential. If BTC surges and then pulls back, and market sentiment weakens, ETH is likely to follow downward, with support levels in sight.
Trading should focus on short positions around 2260, targeting 2150; if broken, continue to watch for a move down to 2050.
$ETH