ETH Daily Market Analysis

The last wave of short orders is expected to end when the ETH price falls to the 2145 area. From the current market, we can clearly see that the resistance levels during the rebound are located in the 2420 area and the 2560 area.

This means that short-term ETH long investors can consider gradually reducing their positions and taking profits when the price rises to these two positions if there are signs of resistance to decline.