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Ethereum Major Level Breakout Analysis:
Structural Evolution:
Decline: 2200 → 1936
Pause in decline: Rapid rebound
Current: Continuous rally → around 2060
Current structural definition: Rebound trend continues (second wave of upward attack)
Key change:
Not just a rebound
But a continuous higher-low and higher-high structure
Explanation: Short-term has entered a trending upward rhythm
Support and Resistance Levels:
Current price: 2060
Upper resistance:
First resistance: 2080 (short-term resistance)
Strong resistance: 2100 - 2120 (key zone)
Lower support:
First support: 2040
Core support: 2020
Comprehensive judgment:
Current market condition:
Short-term bullish dominance, but entering resistance zone
Core logic:
Continuous rally
Increasing momentum
But facing strong resistance
Conclusion: Slightly bullish, but watch for a pullback
Final summary:
Ethereum rebound continues to 2060, short-term bullish momentum is strong, but the 2100 resistance above is clear; wait for a pullback confirmation. #ETH