Can ETH bulls take off? 2011 is the key support point!

1. 4-hour level trend analysis (general direction)

From the 4-hour chart structure, ETH is currently in a consolidation phase after a strong pullback, hovering near the key support area.

Key price area

This structure shows:

Bulls still hold the advantage and are consolidating near key support zones, preparing for an upward breakout.

If ETH breaks through 2050 with increased volume, it will trigger a new round of upward wave.

2. 1-hour level structure (short-term entry signal)

On the 1-hour chart, ETH is currently forming a slight consolidation with signs of triangular convergence.

Market characteristics:

Price volatility is tightening.

Lower highs forming

Higher lows forming

This pattern often signals:

A directional breakout is imminent.

3. Core long strategy

Entry position: 2024

First take profit: 2054

Second take profit: 2081

Stop loss level: 1991