ETH rebounded from lows but faced renewed selling pressure. The moving averages and the middle band of the Bollinger Bands form a double resistance, with insufficient bullish momentum, and the bearish trend remains dominant.

Short-term support is around 2120-2130. If the rebound is weak, the 2160-2170 range becomes a new opportunity to short—this area is a convergence of previous high-density trading zones and moving average resistance. Any rebound that encounters resistance here should be shorted directly.

The overall downward structure has not been broken; the rebound is only a technical correction and not a reversal. The first target for short positions is 2100; if broken, then 2050. Trading short with the trend is more secure.