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ETH Market Trends
Long-term (Weekly): Still bearish overall, no reversal
• Ethereum has closed lower for two consecutive weeks. The 2400 level is a medium- to long-term major resistance, and if it can't break through, don't expect a big rally.
• 2200 is a strong resistance, 1750 is a strong support. Currently, it's just oscillating within this range, grinding out a bottom.
• The overall trend remains downward, and none of the indicators show signs of reversal. What we're seeing now is just a short-term rebound after a significant decline, not the return of a bull market.
Short-term (Daily): Re