Ethereum major level switch analysis: The current structure has shifted from a single-sided move to: Top at 2200 Complete three-wave decline Lowest at 1966 Current: 1980-2000 sideways consolidation Defined as: "Bottom oscillation zone" after a downtrend Key change: No longer making new lows + reduced volatility This indicates: Funds are starting to buy in / Bearish momentum is waning Support and resistance levels: Current price: 1987 Above resistance: First resistance: 2000 (very critical) Core resistance: 2020 Strong resistance: 2050 (trend reversal point) Below support: First support: 1965 Core support: 1950 Extreme support: 1900 Overall judgment: Current market condition: Bearish trend temporarily paused + entering consolidation and recovery Core logic: A complete decline cycle No longer making new lows Indicators are recovering Volatility is narrowing Conclusion: Short-term entering a consolidation bottoming phase Final summary: Ethereum is oscillating and building a bottom in the 1960-2020 range, with short-term focus on range trading, awaiting directional choice. #ETH

【$ETH Signal】Bear pressure, short on rebound $ETH 1H timeframe continues to oscillate below EMA20, buying depth is significantly weaker than selling pressure, and there is insufficient capital support. After the 4-hour MACD death cross, it continues to decline, and the price has broken below the middle band of the Bollinger Bands, indicating a weak structure. 🎯Direction: Short ⚡Entry/Order: 1970 - 1975 zone 🛑Stop Loss: 1999 🚀Target 1: 1935 🚀Target 2: 1900 🛡️Trade Management: - Execution Strategy: After the price reaches the first target, move the remaining position’s stop loss down to the entry price to lock in profits. If the price rebounds to the entry zone and shows signs of stagnation, consider adding to the position. Open interest remains stable but prices are declining, indicating that bulls are struggling to support, and active selling pressure dominates. The 1-hour RSI hovers around 35 and has not entered extreme oversold territory, leaving room for further decline. Market data shows sell orders stacking between 1988 and 1990, indicating clear resistance to rebounds. In this environment, the risk-reward ratio is better than blindly bottom-fishing. View real-time market 👇 $ETH --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL ‍#成长值抽奖赢金条 #加密市场回调 #比特币震荡走弱

$ETH Trash, no one is playing anymore.