ETH is highly dependent on Bitcoin's movement. If BTC stabilizes at key support levels (such as 85,000-86,000), ETH will likely rebound; if BTC breaks down, ETH will probably follow and decline.

Short-term forecast:
Likely to fluctuate and recover between 2,040 and 2,090 within the next 24 hours.

Trading suggestion: Do not chase short positions!

The current price (2055) carries high risk for shorting, as it may be rebounded by support below.
The overall trend is bearish. If the price rebounds to resistance levels and faces resistance, consider shorting.
It is recommended to take a small position near 2050 to bet on a rebound, or wait until the rebound reaches around 2080 and faces resistance before shorting.

Alternatively, wait for a confirmed breakout above 2,090 to go long, or a breakdown below 2,040 to short. Better to miss out than to make mistakes.

If the US dollar index strengthens recently (usually due to better-than-expected US economic data or cooling expectations of rate cuts), cryptocurrencies generally come under pressure. ETH, as a risk asset, is very sensitive to liquidity changes.

U.S. Treasury yields: If yields rise, funds may flow from high-risk crypto markets to bonds, causing ETH to decline. #四月行情预测 $ETH