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Ethereum remains generally weak over the weekend, with the market mainly trending downward in a volatile manner. The price briefly found support after touching the 1916 level, then rebounded to around 1965 before facing resistance and falling back again, indicating that selling pressure above is still significant and the rebound momentum is gradually weakening.
From the four-hour structure, after a previous surge to around 2200, the market has been declining steadily, with the highs continuously moving lower. The overall trend is still dominated by bears. Currently, the price is moving near the lower band of the Bollinger Bands, which are beginning to open downward again, suggesting there is still room for further downward movement in the short term.
In terms of strategy, the main approach remains to sell on rebounds. Focus on shorting opportunities in the 1955–1975 range, and pay close attention to support levels around 1880 and 1800.