ETH decline will not continue indefinitely; the key is the third-level support. Holding it may lead to stabilization, while breaking below could lead to further decline.

Key support levels (by priority):

1. First support: 1930-1940 (your current take-profit level around 1937, also a short-term consolidation zone). Holding this level likely results in a rebound; consider reducing positions or taking profits. If broken, look to the second support.
2. Second support: 1880-1900 (previous consolidation platform lower boundary + technical support). There is strong support here; if volume increases and it breaks down, move to the third support.
3. Third support: 1820-1840 (mid-term critical support, overlapping with on-chain fund inflow zone). If stabilized here, bearish momentum is nearly exhausted; breaking below could open up larger downside space.

Signals for stabilization (all are necessary):

- Price stops falling and closes higher at the support level, with increased volume on the rebound
- 4-hour RSI shows bullish divergence
- No new lower lows are created, forming a small-term "double bottom"

Operational suggestions:

- For your current short position, keep the 1937 take-profit level unchanged; lock in profits when reached
- If it breaks below 1930 and rebounds are weak, consider a light short position with a stop loss at 1950 and a target of 1890
- If it rebounds at 1930-1940, mainly observe and wait for a breakout above 1980