Evening ETH Analysis

The current ETH has broken below the bearish flag pattern and fallen through the 2083 support level. This rebound phase is temporarily over.

• Resistance Zone: 2083–2107
Unable to regain this zone makes it difficult for the rebound to continue;
Successfully reclaiming 2107 would suggest a return inside the flag pattern, aiming for 2163 and the previous high.
• 4-hour chart: failed to recover above 2083 → difficult to call a bottom, continue to watch 2008.
• Break below 2008 → target the Fibonacci 1:1 level at 1920.
◦ Stabilizing near 1920 → consider long positions
◦ Effective break below 1920 → abandon longs and wait on the sidelines

Trading Recommendations:

• Hourly Level:
Breakout with volume above 2086 → go long, target 2116–2150

• 4-Hour Level:
Break below 2054 with volume → go short, target 2011–1985

• Supporting Signal:
The 4-hour chart needs to recover the weak K-line above to open up further upside potential.