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Ethereum has broken through the key channel, confirming that wave Z decline is complete. The risk of a rebound in the middle is high, so it is not advisable to participate. The downward target is near the lower edge of the diamond pattern, or to seize the profit margin from shorting downward.
Operational suggestion: short positions in the 2290–2300 range, stop loss above 2345, target at 2252 and 2230.