$ETH is walking back into the trap zone. That 2,293 area got rejected hard, and now I’m watching for sellers to defend the bounce. If price can’t reclaim 2,300 cleanly, the next magnet is back under 2,280. Short Entry: 2,291 - 2,295 SL: 2,310 TP1: 2,280 TP2: 2,271 TP3: 2,258 I don’t like this bounce unless bulls get a clean hold above 2,300. Above 2,310, the short idea is dead.

Is the right-side order okay? Has the opportunity been given again for the second time? Is there nearly forty points of profit again? And the stop-loss point for this right-side order is only a mere 8 points. How should the position be managed, what should be done, I guess I don't need to say more, right? I’m not just giving you the entry point, but also teaching you how to trade $ETH

Wu Shuo learned that Coinbase, in collaboration with Glassnode, released the report "Charting Crypto Q2 2026" which states that the crypto market is still mainly driven by macro factors and Middle Eastern developments, with high short-term uncertainty; Bitcoin's NUPL has risen from the "fear" phase in the first quarter to the "optimism" phase, with about 75% of institutional investors and 71% of non-institutional investors believing Bitcoin is undervalued; regarding Ethereum, short-term supply (held less than three months) decreased by 38% in the first quarter, while long-term supply (held over a year) increased by 1%; overall, changes in the macro environment may support the formation of a bottom in crypto assets in the near term and a rebound in the later part of the quarter.