2.4 Ethereum's recent early morning strategy

The 4-hour chart for Ethereum is showing a weak, slow downward trend, but it hasn't broken the support zone yet. The 1-hour chart shows the price consistently suppressed by the 60-period moving average (MA60). Although the weakness continues, as long as the short-term support holds, it's likely to test above 2400. If it fails to rebound first and instead breaks 2200, there's a chance it will break the previous low again. Therefore, if it breaks 2200 in the short term, consider buying with a $40 stop-loss, targeting 2100-2080. For pre-placed orders to wait for a rebound, consider placing an order at 2435 with a stop-loss at 2470, targeting 2330. (Personal opinion, for reference only.)