3-4 Afternoon Market Views

Currently, ETH has been under pressure after reaching a high of 2089 and has continued to decline, breaking below the 2000 integer level and trading around 1958.

From a structural perspective:
2149 is the major top resistance
2089 is the secondary rebound high point
After losing the 2000 level, it turns into a resistance level
The short-term structure has shifted into a bearish correction phase.
If 1950 is broken again, it will test 1930;
If it recovers above 2000, it will enter a consolidation and correction phase.

BOLL:
Upper band around 2045, middle band around 1981, lower band around 1918.
The Bollinger Bands are starting to tilt downward overall, with the price trading below the middle band.

Key observations:
Whether it continues to be suppressed below the middle band
Whether it tests the lower band at 1918
If the price cannot recover above the middle band, the bearish trend continues;
If it reclaims the middle band, it will enter a consolidation phase.

MACD:
Below the zero line, green bars are expanding, DIF and DEA maintain a death cross structure.
Indicates increasing bearish momentum and significant capital outflow.
If the green bars continue to expand, the correction persists;
If the green bars shrink, it will enter a consolidation and correction phase.

Key resistance levels:
1980–2000 (middle band resistance zone)
2050–2089 (structural resistance zone)
2149 (previous high strong resistance)

Key support levels:
1950 (short-term support)
1930 (structural support)
1918 (Bollinger lower band support)

Summary and analysis:
Currently, it is a continuation of the correction phase.
2000 has fully turned into a resistance level.
1980 is the short-term rebound ceiling.
If 1950 cannot hold, look to 1930;
If the rebound cannot surpass 2000, the trend remains bearish.
In weak market conditions, sharp declines are most likely; strictly shorting on rebounds is safer.
#比特币保持坚挺