Overall Structure Analysis



General Rhythm:

2167 → Decline
Falling toward around 2020
Rebound to 2050-2070
Current: Sideways consolidation (around 2050)

Key Change: No longer making new lows, but also unable to rise further

Structure Definition: Decline → Rebound → Sideways (Choosing direction)

Current Position: "Disagreement zone" within the trend

Support and Resistance Levels
Current Price
2054

Upper Resistance
First Resistance (Key)
2070 - 2080

Strong Resistance
2100

Lower Support
First Support
2035

Strong Support
2020

Overall Judgment

The current market essence: Consolidation within a bearish trend

Not:
Clear reversal
Strong upward movement

But: Waiting for a second direction choice

One-sentence Summary
ETH is consolidating around 2050, in a phase of direction selection, watch for a breakout above 2070 or a breakdown below 2035. $ETH
ETH1%
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