$ETH From a technical analysis perspective, ETH is at a critical point.

1. Daily level: the rebound hits a strong resistance zone
Current price: ETH is trading in the $1,940–$1,968 range.

Key resistance: the $2,000 psychological and technical “integer” level is the most core resistance right now. Short-term resistance is concentrated in the $1,960–$1,980 area; higher-level resistance sits at $2,045 (the previous consolidation platform) and $2,135 (the 200-day moving average).

Support below: if the price pulls back, $1,900 is the first line of defense. If that breaks, the important support zone is $1,890–$1,910, with a deeper pullback target in the $1,840–$1,850 area. #ETH重返1900美元

Given technical indicators showing overbought conditions, open interest falling, and retail long positions being crowded, the probability of a successful upside breakout is still very low.

Trading suggestion: short from the $1,960–$1,980 entry zone

Stop-loss: $2,000

Targets: $1,900–$1,910