#ETH Current price: 2068. Price action remains highly correlated with BTC, reflecting a weak, high-beta market that is largely following BTC. Independent buying momentum is extremely scarce, and the rebound is clearly weaker than BTC’s. Near-term resistance is concentrated in the 2110-2130 range. Only a high-volume move above and sustained hold in this area would briefly ease the downside pressure and allow a further test of resistance near 2180. The key support below is the psychological 2000 level, a major target for bears in recent weeks. A decisive break below it would open up further downside, with the next support near 1960. Volume shows that this modest rebound has not attracted sustained inflows. Aggressive buying on both the on-chain and derivatives markets remains muted, and the move is mostly a passive recovery following BTC. Bulls have little appetite to take the initiative, and overall market sentiment remains cautious. It is not advisable to blindly buy the dip in the short term. It would be more prudent to wait for BTC to establish a clear direction, then follow ETH’s move accordingly. Until the range is decisively broken, treat the market as range-bound. Cryptocurrency volatility is extremely high. This content is for market review purposes only and does not constitute investment advice.