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3-4 Midnight Viewpoints
Currently, ETH rebounded after finding support around 1960, with the price returning to the 1990–2000 range.
From a structural perspective:
Previous high at 2149 not broken
Stage resistance at 2089 remains
Short-term support at 1960 appears below
Currently in a technical correction phase after a pullback.
If it stabilizes above 2000 again, expect continued sideways strength;
If it drops below 1960 again, look for a retest at 1930.
BOLL:
Upper band near 2067, middle band near 1969, lower band near 1871.
The Bollinger Bands are tightening overall, with the price moving around the middle band.
Key observations:
Whether there is a volume breakout above 2000
Whether it retests the middle band and then falls below
If it holds above 2000 effectively, expect a move toward the upper band;
If it breaks below the middle band, it indicates a return to a weak structure.
MACD:
Near the zero line, with decreasing green bars, DIF shows signs of turning.
Indicates weakening bearish momentum, but no strong bullish structure yet.
If the red bars expand and turn positive, the rebound may continue;
If it expands downward again, a secondary decline is likely.
Key Resistance Levels:
2000 (psychological resistance)
2050–2089 (structural resistance zone)
2149 (previous high strong resistance)
Key Support Levels:
1960–1970 (middle band support)
1930–1950 (structural support zone)
1871 (Bollinger lower band strong support)
Summary:
Currently in a struggle around the middle band.
2000 is the key dividing line between strength and weakness.
1965 is a short-term defense level.
Stabilize above 2000 for a move toward the upper band;
Break below 1960 to target 1930.
End of consolidation often features false breakouts; wait for confirmation of the candle before entering.