$ETH Is Ethereum more about going long or short? On a larger scale, the bullish trend definitely hasn't changed. After a sharp drop last night and then a rebound breaking through the 2345 resistance level, from a naked candlestick perspective, the short-term downtrend has been broken. Looking at the 4-hour, 1-hour, and 15-minute MACD and RSI, the current position should still move downward, but the indicators should synchronize for a continued upward move! Therefore, the key support levels to watch below are around 2311 on the small scale, and around 2297 and 2278 on the larger scale. Long positions are recommended there—avoid chasing the market and buying high or selling low!