$ETH Two-cake 4-hour K-line continues to stay above the Bollinger middle band at 2006.90, after being pressured at the previous high of 2046 and gradually falling back, then probing the low of 1954.42 with slight oscillation and recovery, now at 1966.89.

The 4-hour chart overall shows a weak trend, with the Bollinger band middle line gradually turning downward, and the crocodile indicator's three lines moving down in sync. The support near the previous low of 1954 has already been tested once, and the market repeatedly approaches the low levels. The risk of retesting and breaking below the support increases, and the overall trend of the market remains unchanged. Pay close attention to whether the key support at 1954 holds; once it is broken, the downward space will further open, and the intraday trend should mainly follow the adjustment with the trend.

In the short term, watch for a rebound between 1992-2000, with resistance opportunities. The initial target below is 1954, and if broken, the trend will continue downward toward around 1930.