Ethereum current price is 1988, officially breaking below the key level of 2000.

From the daily K-line chart, the price has fallen below the lower Bollinger Band, with moving averages in a bearish alignment, and MACD bearish momentum continues to expand, indicating a medium-term weak trend has been established.
The four-hour cycle continues downward, with rebounds repeatedly facing resistance, and the 1965 level below becomes a short-term dividing line between strength and weakness.
Operationally, clear levels are given:
Rebound in the 2035-2070 range can be used to establish short positions, with a stop loss above 2100;
Light long positions can be tried on pullbacks to 1960-1970, with a stop loss below 1950.
The current major trend is bearish, and short-term longs should only be quick in and out, avoiding heavy positions against the trend.
Market fluctuations are unpredictable, strict risk control is the long-term way, and continuous sharing of precise market analysis helps us grasp the rhythm together. $ETH ‌#24h加密合约清算破4亿美元