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The current market shows a significant divergence: Bitcoin has experienced a sharp decline, while Ethereum demonstrates relative strength, successfully holding the key support level of 2070 in the early session.
However, it should be noted that although the price is currently above 2070, from an overall structural perspective, this more reflects a "resistance stance relying on support," and cannot yet be considered a trend reversal. The bulls are currently facing a severe test, and market dominance still remains in the hands of the bears.
In terms of strategy, if the subsequent rebound cannot effectively break through the 2160 resistance zone, it is recommended to mainly consider short positions on rallies within the day. Consider setting up short positions in the 2130-2160 range, with downside targets sequentially focusing on the 2070-2030 support band, and possibly further down to the 2000 integer level.
If the price drops below the 2000 level in the short term, the downward space may open up, and the market could test support levels in the 1940-1870 range.