Ethereum's daily rebound and retracement have completed three rounds. Currently at a key support level, the rebound is weak, and there is a certain probability of breaking below. At present, it is more likely similar to the previous round where a false breakout occurred before the start of a new rally. There's a small chance of a direct and effective breakdown back into a downtrend. There's also a small probability of stabilizing above 3200 points to start a rebound. Ethereum remains bullish for now. Note that going long near 3200 should be hedged with Bitcoin short positions to manage risk #加密市场反弹