Currently, Ethereum's lowest level has dipped to 2037. The current 4-hour and daily chart prices are already around 2048. The original stop-loss at 2000 may not have been hit yet, but in reality, a daily-level large bearish candle has already broken down, and the 4-hour moving averages are turning downward across the board, indicating that the downward momentum is fully unleashed. 2000 is no longer a safe support level and may instead cause you to hold the position passively during the decline.

The long positions I mentioned at 2100-2050 early this morning were based on the logic of a continued rebound. However, on April 2nd, the price closed down 4.24%, directly breaking the previous rebound trend. The 4-hour MACD red bars are zeroing out and about to form a death cross, and the middle band of the Bollinger Bands is turning downward. The rebound has ended, and a retracement cycle has begun. The original entry logic for the long positions is no longer valid. Holding on will face a larger downside space.

Therefore, traders who have already built positions between 2100 and 2050 are advised:

For traders with larger positions:
Move the stop-loss up to 2035-2040. Once broken, exit immediately to avoid deep losses. If the price rebounds to 2070-2080, close all positions directly. Do not hold through the decline, and keep losses minimal.

For traders with smaller positions:
Lower the stop-loss to 1980-1990 but significantly reduce the position size, bringing it down to less than 10%, leaving only a core position to gamble on the rebound. Adjust the target from the original plan of a high point to 2060-2070. If the price rebounds to the resistance level, exit immediately. Do not chase profits aggressively.