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Ethereum major level breakout analysis:
The structure is already very clear:
Stopped falling at 1936
A continuous upward rally
Higher lows are constantly forming
Currently: approaching around 2086
Current structure definition: a single-sided rebound trend (accelerating phase)
Key change:
Not a oscillating upward movement
But a "continuous push higher" (trend market)
Note: Funds are actively driving the rally
Support and resistance levels
Current price: 2073
Upper resistance
First resistance
2085 - 2100 (strong resistance zone)
Strong resistance at 2120
Lower support
First support at 2050
Core support at 2020
Overall judgment:
Current market condition: strong bullish trend, but entering risk zone
Core logic:
Strong trend
Continuous rally
Indicators are overbought
Conclusion: the upward trend is not over, but short-term pullback probability is increasing
Final summary:
Ethereum is strongly rallying toward 2080, the bullish trend continues, but it is overheated in the short term and may experience a pullback. #ETH