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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.