After a round of rebound, the market is now undergoing continued consolidation at elevated levels.

This rebound is driven largely by sentiment, lacking fundamental support—like rootless duckweed—making it difficult to sustain.

From a technical standpoint, after the price surged, it met clear pressure; sell orders above keep coming in, and upside momentum is insufficient.

Overall, this looks more like a rebound from main force distribution, rather than a market reversal.

Therefore, at high levels, do not chase the price higher. For intraday trading, first focus on a pullback.

Consider entering shorts in batches around 2140 and 2165. These two levels are key resistance zones, and once price reaches them, it is likely to be capped and move lower. The target area is set at 2080 - 2050.#ETH