$ETH The current price is oscillating around 2105, with a peak at 2154 within 24 hours, then continuing to face resistance and decline. Overall, it shows a weak consolidation pattern, with a clear underperformance compared to earlier, and moving in sync with Bitcoin's weakness. Market bullish sentiment is low, and capital absorption is insufficient.

On short-term cycles of 1 hour and 4 hours, both show bearish divergence + moving average resistance, with prices consistently pressured below short-term moving averages. Each rebound to resistance levels quickly falls back, forming a typical downward pressure structure.
The key support level at $2080 is the today’s bull-bear dividing line. Once effectively broken, it will open the downside space, with the target directly at the 2000-dollar integer mark.
Resistance levels: 2130, 2150 (strong resistance)
Support levels: 2080, 2000 (strong support)
Trading strategy centers on shorting on rebounds. Short positions can be taken when rebounding to the 2120–2140 range, with stop-loss set above 2160. The initial target is 2080, and if broken, continue to watch for 2000.
Currently, hold off on long positions, avoid bottom fishing lightly. Only after stabilizing above 2150 and breaking volume will a change in strategy be considered. #加密市场行情震荡