$ETH The market is currently in a weak downward trend.
🌟Technical Analysis: The structural resonance across all cycles is weakening, and the 1H has formed a downward channel. The current price is gaining temporary support around 1940.
⚠️Key Levels: Pay attention to the resistance at 2040 (short-term strength line) and 2150 (trend turning bullish line) above. The key support zone below looks towards 1820-1750.
🧐Core Observation: Whether it can quickly rebound and stabilize above 2150 in the coming days; otherwise, the downside risk will increase.
🌟Technical Analysis: The structural resonance across all cycles is weakening, and the 1H has formed a downward channel. The current price is gaining temporary support around 1940.
⚠️Key Levels: Pay attention to the resistance at 2040 (short-term strength line) and 2150 (trend turning bullish line) above. The key support zone below looks towards 1820-1750.
🧐Core Observation: Whether it can quickly rebound and stabilize above 2150 in the coming days; otherwise, the downside risk will increase.