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On a short position laid out at Ethereum 2420 high, the pattern’s goal is 2270. Yesterday it was pinned to 2280, and then it quickly rebounded upward—didn’t have time to run.
Judging from the current trend, Ethereum’s rebound strength isn’t very strong. There’s still a chance it will later fall to the 2270 target level. Below, support on the smaller timeframe is in the 2250 area. That means after the short position is finished, it can be considered to bet on a rebound. First, look at 2350 above. Pattern from 2420#ETH .