Evening ETH Thoughts

The second candle's high point continues to move downward step by step, the bearish trend signal is clear, and this round of decline is actually completely in line with technical patterns, no need to be surprised.
For the market to initiate a valid rebound, the primary condition is a volume breakout and a steady hold above the 2083 level; only after stabilizing can it attempt to test the previous high candlestick resistance, and the rebound space will then open up. The upper target is set at the 2149 resistance. If it cannot stay above 2083, then a rebound is unlikely.
Trading suggestions:
A volume breakout above 2089 can be followed to chase long positions and gamble on a rebound;
If it drops below 2064 with volume and cannot recover on a rebound, follow the short positions on the right side, closely monitor the market volume throughout, and strictly set stop-losses.
Hourly level: Hold above 2089, with an upward target of 2144—2193;
4-hour level: Break below 2061, with a downward target of 2026—2007.