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May 21 ETH Strategy
The moving average structure shows the price closely following the short-term moving average, consolidating and repairing at the bottom, slightly weaker than BTC; rebound strength is relatively weak, entering a phase of oscillation and consolidation, mainly moving in tandem with BTC.
Short-term support: 2120
Strong support: 2100 threshold
First resistance: 2148 (24-hour high)
Strong resistance: 2170–2190 previous decline platform
ETH: Rebound to test support at 2120, stabilize and go long, target 2148→2170
Bearish pressure-based shorting idea (only short at resistance, do not chase shorts), encountering resistance at 2170–2190, short-term short, target near 2130
If ETH breaks below 2100 → rebound ends, directly switch to a bearish outlook, follow the trend and go short, buy low on the retracement of moving average support, and short at the previous resistance level with a short-term hold for a potential quick drop; do not hold if key support is broken, and immediately switch to short if strong support is broken.