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Ethereum's rebound faces resistance.
For long positions, watch whether the price can break through with increased volume in the 1945-1950 range. If it cannot hold steady, it is recommended to reduce positions to prevent a double bottom.
For short positions, consider a light short near the resistance level during the rebound, but set a stop-loss (for example, exit if it breaks above 1960).
After all, the news is not very good, and personally, I do not recommend it, quite strongly advise against chasing the rally. $ETH

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