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#ETH The current price is 2050, still following BTC lower, with greater sensitivity and a more pronounced decline. It’s difficult to see any independent buying support in the market. Near-term resistance is in the 2090–2110 range. A recovery bounce will only be possible if BTC stabilizes and strengthens, and ETH also moves above this level on increased volume, with the next test being resistance near 2150. The first key support below is the round-number level of 2000, a psychological line in the sand for bulls in recent weeks. If bears break below it decisively, there will be more room to fall, with the next support near 1960.



Looking at market flows, selling pressure has persisted throughout this pullback. Volume has quickly dried up during rebounds, confidence among futures bulls is weak, and there has been no clear dip-buying activity from on-chain funds. Overall, this is a weak market passively following BTC. There’s no need to rush into buying the dip in the short term. The focus remains on whether BTC can defend the key level of 73000. ETH needs BTC to hold support to have a basis for a potential rebound; if BTC breaks down, ETH will fall faster. Until the trading range is broken, it’s best to remain cautious and stay on the sidelines. Cryptocurrency prices are extremely volatile. This content is for market review only and does not constitute investment advice.
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ETHETH-1.26%
BTCBTC-0.67%

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Comment 7
VegasTunnel
The Bollinger Bands are opening to the downside, and the moving averages are clustered around 2080. The setup looks like it’s about to pick a direction, but it’s really hard to say which one
Spiral sea salt
Noted: selling pressure persists. Fund flows on my end are also net outflows, but it hasn’t reached the point where I’m itching to act yet
FlashBotRun
Flashbots are front-running too aggressively now. In this kind of passive market, I’d rather stay flat and watch than get sandwiched
PhaseOnePlayer
This coin isn't in testnet phase one; we'll see once mainnet launches
ProfAirdrop
This column in the table needs to be highlighted in red
AirdropIntern
The 2,000 round-number level feels like everyone is calling it in unison, which makes it seem a bit shaky
FundingRateHunter
ETH perpetual funding rates aren’t extreme, but they’re not positive enough to make arbitrage worthwhile either. I’ll wait a bit longer