ETH is currently in a weak rebound phase, with the 1-hour level still being suppressed by the mid-band. Although market sentiment has improved, without an effective break above 2,072, it should still be viewed as a correction within a downtrend. Operationally, it's advisable to sell highs and buy lows, and avoid chasing gains blindly.

$ETH
Core resistance levels: 2,072 (1-hour Bollinger mid-band) is the critical line for the short-term. If it cannot be broken, the rebound will end; stronger resistance is at 2,104 (Bollinger upper band).

Core support levels: 2,039-2,040 (Bollinger lower band and recent consolidation platform) is the bullish defense line. Once broken, it will retest the previous low of 2,023.
On the 1-hour level, the bearish trend has not fully ended, with the mid-band forming the first strong resistance level in the short-term. Only an effective break and stable consolidation above 2,072 can confirm a short-term reversal.
Conservative traders should wait for the price to break 2,072 with volume and pull back to confirm it holds, before considering going long; or wait for the price to break below 2,039 and trade short accordingly.#加密行情震荡