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Market Trend: Ethereum remained volatile and downward over the weekend, with the price dropping to around 1916, then rebounding to around 1965 before facing resistance again. The short-term rebound momentum has weakened.
Technical Analysis: In the four-hour chart, the price is trading above the lower band, with Bollinger Bands diverging downward, indicating the trend is likely to continue.
Trading Recommendations:
Short Entry Points: Consider short positions near rebounds at 1955 and 1975.
Support Targets: Watch the 1880-1800 range.