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Overall Structural Analysis
The current ETH 1H structure belongs to:
A trend correction phase after failed upward breakout
Structural sequence:
Initiation of rally around 2000
Formation of a high point at 2152
Subsequent high points continue to decline
Current lows keep moving lower
This indicates:
The upward trend has ended
We are currently in a correction continuation, not sideways consolidation
The current structure is typical:
Uptrend → Divergence → Bearish takeover → Correction release
Support and Resistance Levels (currently critical)
Support Levels
2030 — 2020 (short-term support)
2008
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DirectWithdrawalvip:
New Year Wealth Explosion 🤑
Overall Structural Analysis
The current ETH 1H structure is:
An attempt to break above after a high-level consolidation
Structural sequence:
Initiated rally around 1990
Sideways consolidation around 2125
Consolidation period is sufficiently long (chips fully exchanged)
The current price breaks above the consolidation upper boundary, reaching around 2137
Key changes:
High points are starting to rise again
The upper boundary of the sideways zone has been tested
The bulls are attempting to regain control of the momentum
But note:
The current position has entered a short-term resistance zone, not
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Weekend Market Analysis for February 7
Support and Resistance Levels (Current Core)
Support Levels
2060 — 2040 (First Support)
2020 — 2000 (Key Structural Support)
1950 (Trend Defensive Level)
Resistance Levels
2100 — 2120 (Current Pressure)
2150 (Entry to Upper Vacuum Zone)
2200 (Next Target Zone)
Summary in One Sentence
The area around 2100 is a buildup zone; as long as 2040 is not broken, the bulls remain in control. #当前行情抄底还是观望? $ETH
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