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Ethereum's recent rebound has been somewhat weak, with the price encountering resistance around 2960 and starting to fall back down, failing to stabilize. In the short term, the outlook still appears somewhat bearish.
Therefore, the current trading focus is on the 2960-3000 range, which is the dividing line between bulls and bears. If the price remains below this level and is suppressed, unable to break through, the risk of a short-term decline increases, and the rebound will be difficult to sustain.
Looking at support levels downward, there are several key areas to watch. First is 2900, which is the bottom of the recent consolidation zone and can provide some buffer; next is 2820, the line connecting previous lows, which is critical for the strength-weakness transition; if it falls further, the next support is at 2770, an integer level combined with trend support. A break below this could open up a larger downside space.
Conversely, if the price can strongly break through the 3000 integer level with accompanying volume, then the strategy should shift—don't rush to short immediately. Instead, focus on the 3050-3100 secondary resistance zone. This area is the upper boundary of the previous platform, with strong resistance. After the price pushes through this zone, consider entering short positions, with a stop-loss above 3100 to guard against false breakouts.