Ethereum current strategic layout ideas (for reference only)

🩷 Macro and news sentiment (bearish)

🩷 Macro liquidity tightening
🩷 Federal Reserve maintains high interest rates, global risk assets (US stocks, crypto) collectively weaken.
🩷 Tensions in the Middle East, funds flow into gold (gold prices hit new highs), safe-haven sentiment suppresses ETH.

🩷 Institutional and derivatives pressure

🩷 Large BTC/ETH options expiry this week (about 14 billion USD), put options dominate.
🩷 US tech stocks plummet, crypto correlation weakens.
🩷 Positive hedging
🩷 ETH burn volume and staking yields in March remain high, fundamentals have not deteriorated.
🩷 Clear regulatory framework from the US SEC, long-term positive for institutional entry.

🩷 Technical analysis (bearish, weak oscillation)
🩷 $1,960 ~ $1,980 (current support, break below then look at $1,900)
🩷 $1,900 (strong support, previous dense trading zone)
🩷 $1,800 (extreme downside target)
🩷 $2,030 ~ $2,050 (intraday first resistance)
🩷 $2,100 ~ $2,120 (mid-term key support/resistance)
🩷 $2,200 (strong resistance, only a breakout could reverse the trend)

🩷 Daily chart: bearish arrangement, price below all moving averages, trend weak.
🩷 4-hour chart: oversold, slight rebound needed, but lack of volume makes it unsustainable.
🩷 RSI: around 30, close to oversold, but no clear bullish divergence.

🩷 On-chain and capital (bull-bear divergence)
🩷 Bears: whales reducing positions above $2300, causing recent rapid correction.
🩷 Bulls: about 870,000 ETH ($18 billion) transferred out from exchanges, long-term buyers accumulating at low levels.

🩷 Conclusion: Short-term selling pressure weakens, but bullish confidence is insufficient, mainly oscillating to build a bottom.
🩷 Probable range: weak oscillation between $1,960 and $2,080.

🩷 Trading suggestions (for reference only)
🩷 Short-term: favor buying, trade lightly, strict stop-loss below $1,950.
🩷 Mid-term: wait for volume breakout $2000 before considering trend opportunities.