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#ETH The current price is 2100, and price action continues to closely track BTC without making an independent move. It is now sitting at a key boundary between bullish and bearish territory, and the overall market setup is weak. The first resistance above is around 2170, where recent rebounds have repeatedly run into pressure. To reverse the weakness, ETH must break above this level on strong volume and hold there before it can make a further attempt at the strong resistance around 2250. The nearest support below is 2070, a key level for bulls to defend. If ETH falls below it alongside a BTC breakdown, downside will open up, with the next support at the round-number level of 2000.
From the chart, ETH is likely to be more volatile than BTC. Market sentiment is cautious, on-chain ecosystem activity is average, and there are not enough positive catalysts to offset the risk pressure from macro conditions and U.S. Treasuries. Most rebounds are passive moves following BTC, with insufficient sustained buying. It is not advisable to enter rashly in the short term. Focus first on whether BTC can hold the 73980 support. If BTC stabilizes, ETH may have a chance to recover; if BTC breaks down, ETH’s losses are often greater. In a choppy market, managing position size and setting stop-losses are crucial. Don’t be tempted to chase prices higher by short-term minor rebounds.