ETH rebounded from low levels but is facing renewed selling pressure. The moving averages and Bollinger Band midline form a double resistance, with insufficient bullish momentum. The bearish trend remains dominant.

Short-term support is around 2120-2130. If the rebound fails, the 2160-2170 zone presents a new shorting opportunity—this area features prior dense trading volume combined with moving average resistance, making it ideal for shorting on rebound weakness.

The overall downtrend structure remains intact; the rebound is merely a technical correction, not a reversal. The first target for short positions is 2100, and if broken, the next target is 2050. Following the trend with shorts at higher levels is the more reliable approach.