Ethereum encounters obvious strong resistance at the 2050 level. Observing the market, it can be seen that the highs are continuously declining, which is a typical bearish trend signal. The recent rapid surge looked fierce, but the subsequent drop was often equally fierce—this is a common rhythm in technical analysis.

If you have already opened a short position at the high, there is no need to panic now; hold your position steadfastly. For traders who are still on the sidelines watching, it is advisable to wait for further technical confirmation before entering. The previous support levels and risk points have been mentioned multiple times in chat discussions, and these key levels are still worth paying attention to.