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Ethereum Major Level Breakdown Analysis (4H):
Very clear structure:
Top: 2385
Continuous decline
Rebound: failed around 2150
Further decline: dropped to 1960
Current structure definition:
Downtrend + sideways consolidation (downtrend continuation)
Key points:
Higher highs continuously decreasing (2385 → 2200 → 2150)
Lower lows continuously shifting downward
Explanation: Standard bearish structure
Support and Resistance Levels
Current price: 1996
Upper resistance
First resistance
2020 - 2050 (core suppression)
Strong resistance
2100 - 2150 (trend watershed)
Lower support
First support: 1960
Strong support: 1900
Overall assessment:
Current market condition: Bearish trend + downtrend continuation
Core logic:
Major bearish trend
Weak rebounds
Sideways convergence
Conclusion: The next wave is more likely to accelerate downward
Final summary:
Ethereum 4H level has entered a bearish trend. The current sideways movement is a downtrend continuation, and breaking below 1960 will likely accelerate the decline. #ETH