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Zhao Youdao: ETH Breakfast 2142
After a significant rise yesterday, Ethereum has begun consolidating, with two failed attempts to break through the 2200 level, reaching a high of 2198. Currently, the market is turning into a consolidation pattern. From a daily perspective, resistance has formed around 2200. Early trading recommendation is for short positions, suggested entry around 2160 for shorts, with a stop loss at 2200, targeting 2080.