Ethereum, as shown in the chart, is currently in a rebound phase after a period of consolidation and low positioning. The bulls are attempting to break through the key resistance, but the upward momentum has not yet been fully released. The bulls and bears are still in a tug-of-war, so it's best to wait for a breakout signal. If the upper shadow repeatedly appears, wait for a pullback to support before entering.

ETH-0.58%
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