Strategy Analysis: $ETH Erbitcoine current long and short trend prediction

Main trend: Consolidation below the 2000 level with a "bottoming" pattern, bearish momentum still present, bulls struggling to mount a comeback.
Currently, Erbitcoine stays around 1,995. From the 1-hour chart, although the price has repeatedly found support near 1,980 and rebounded, the rebound highs are gradually decreasing (Lower Highs), and it has yet to break above the short-term resistance of 2,010. In the afternoon Beijing time, trading volume continues to decline, indicating a market sentiment of wait-and-see, typical of a "sideways movement after a decline."
Trading core: If the rebound does not break 2,015, maintain a bearish outlook; watch for support at 1,970-1,980 during pullbacks.

- Resistance above: 2,005-2,025. This is a previous dense trading zone. If it cannot hold above 2,030, any upward movement will be considered a trap or a technical pullback.

- Support below: 1,950-1,975. If volume increases and it breaks below 1,970 after nightfall in Beijing, the next support levels are 1,880-1,920.
▶️ Short (main idea)

- Aggressive short: Enter on resistance around 2,005-2,015, with a stop loss at 2,035.

- Conservative short: Wait for a pullback to 2,025-2,045, confirm resistance, then enter, with a stop loss around 2,075.

- Targets: First aim for 1,975, then 1,940 if broken, and an extreme target of 1,910. #加密市场回调 #加密市场回调 #比特币震荡走弱