đSHORT: $ETH (4H)
Analysis:
ETHUSD is struggling to find a market bottom, bouncing against a persistent bearish trend. Despite a local rebound, strong resistance ahead poses a challenge. The recent withdrawal of WisdomTree's ETH Trust application after 3 years signals potential market uncertainty.
Price Targets:
Expect key resistance around $2,510.05. If broken, look for a rise to $2,799.13. On the downside, watch for support at $2,309.04 and $2,111.00.