Ethereum current analysis:

Short-term: Consolidation in a declining trend, oscillating and accumulating, 1-hour weak rebound trend. The bulls and bears are significantly out of balance, retail traders and short-term active main players are heavily skewed to the long side. A large amount of bottom-fishing funds are entering near the key support at 2000, but medium- and long-term large funds are clearly withdrawing, indicating that the current situation is either a critical bottoming phase or a consolidation before a further breakdown. In the short term, it is highly likely to oscillate around the 2000~2060 range, waiting for a direction. Do not chase the rally; after a sudden drop below support with a spike, the direction will likely be confirmed.

Resistance: 2035~2055 (liquidation zone)
Support: 2010~1990 (liquidation zone)

Medium-term: Downtrend. The daily and higher timeframes show a bearish alignment of multiple moving averages, with a clear medium-term downtrend. Breaking below the psychological and technical support at 2000 monthly will very likely form a medium- to long-term downtrend.

Resistance: 2080~2130
Support: 1930~1900, 1800~1750

Current key levels:
1. 2130~2150: Concentration zone of trapped positions; a breakout is needed to confirm further rebound momentum.
2. 2060: Previously a key defense level for the bulls, recent strong resistance.
3. 2000: Monthly psychological and technical support level; a breakdown could lead to a deep decline.
4. 1900: Round number, previous support level.

Trading suggestions:
1. In the consolidation phase within a declining trend, do not chase rallies. Use range trading strategies—sell high, buy low. Long positions carry higher risk; be quick in and out, and wait for a new direction to follow the trend.
2. ETH:
Short position range: 2035~2055,
Long position range: 2010~1990.
3. BTC:
Short position range: 74200~74700,
Long position range: 73300~72800.