$ETH ‌

Short-term (1-3 days): Likely to continue declining or fluctuate weakly between $58,000 and $60,000; if it breaks below $58,000, look towards the $55,000-$56,000 range.

• Medium-term (1-2 weeks): Wait for panic to subside and for volume-driven bullish candles to stabilize; monitor BTC/ETH correlation and ETF capital flows, otherwise a trend reversal is unlikely.

• Strategy: Hold spot positions and observe, use small leverage for shorting on rebounds, with a stop loss at $63,000; avoid high leverage, and consider very small long positions after a stable 4-hour bullish candle.