Ethereum is currently in a rebound phase after an oversold condition, showing signs of stabilization in the short term, but the overall bearish trend has not yet been fully reversed. The Bollinger Bands are opening downward but show signs of narrowing recently, indicating decreasing volatility and a possible transition into a consolidation phase.



Key Levels

Resistance Levels (Upside):

First Resistance: 2,000 (psychological barrier). This is the current hurdle; only by holding above this level can we consider the decline halted.

Second Resistance: 2,050 (previous consolidation platform). Only a breakout here would confirm a genuine trend reversal.

Support Levels (Downside):

First Support: 1,960 (near the intraday low). This level has just been tested; a break below could open the door to further decline.

Strong Support: 1,945 (lower Bollinger Band). This serves as a more solid defensive line.

The current trend is in the "rebound after a sharp decline" stage. Overall risk remains high, but there are short-term signs of stabilization. $ETH #比特币震荡走弱 #
ETH-2,98%
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