From the 4-hour K-line, $ETH current price is 2119.13, with a short-term bottom at 2009.74 followed by a slight rebound, stabilizing near the short-term moving average. The MACD indicator DIFF is moving upward, indicating that the bearish momentum is weakening, but it remains below the zero line, so the rebound strength is relatively weak. The 24-hour range shows limited volatility, with buy and sell orders slightly favoring the bulls, overall in a low-level oscillation and recovery phase, with resistance above at the previous decline moving average pressure level.