# Ethereum Overall Structure Analysis



**Current 1-Hour Structure:**
Decline → Break below 2100 → Quick retracement → Consolidation with higher lows

**Price Action:**
2300

2200

2100 (broken)

2097 low point

Rebound to 2150

**Key Structural Changes:**
- Low point confirmed (2097)
- Rebound momentum significantly strengthened
- No new lows forming

**Current Definition:**
"Rebound recovery phase (first wave)" within a bearish trend

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## Support and Resistance Levels

**Current Price: 2156**

**Upper Resistance:**
- First resistance 2170 - 2180 (short-term)
- Second resistance 2200 (key level)
- Strong resistance 2220 - 2250
- Trend resistance zone

**Lower Support:**
- First support 2130
- Second support 2100
- Strong support 2097 (current cycle low)

---

## Comprehensive Assessment of Current Ethereum:
- Short-term rebound is established
- However: Major trend remains bearish
- Market phase: Decline → Bottoming → Rebound recovery underway

**Summary:**
Ethereum has completed a short-term bottom below 2100 and is currently entering a rebound phase with targets first at 2180-2200, but the major trend remains bearish. #Gate13周年全球庆典 #加密行情震荡 #以太
ETH5,99%
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