$ETH ‌Key Level (Short Position)


Strong Support: $2,080–2,100 (Consolidation Zone)
First Resistance: $2,180
Strong Resistance: $2,220
Technical Analysis (1h/4h)
1h: Low-level consolidation, moving averages in a bearish alignment; MACD bottom divergence, weakening bearish momentum, expecting a slight rebound
4h: Broke below $2,150 key support, entering a weak trend channel; Bollinger Band lower band support, middle band acting as strong resistance
Daily Chart: Bottoming after decline, moving averages in a bearish alignment, facing resistance on rebound; medium-term bearish, short-term consolidation forming a bottom
Current State: Weak consolidation mainly, rebound struggles to break $2,220; breaking below $2,080 indicates further weakness
Suggestions
Long Positions: Stabilize around $2,080–2,100 for entry, stop-loss at $2,030, target $2,150–2,170
Short Positions: Rebound **$2,180–2,200 facing resistance** for shorting, stop-loss at $2,230, target $2,100–2,080
Wait and See: Do not jump in before stabilization, wait for clear signals
ETH0.27%
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