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 Based on recent ETH continuous decline, the 4-hour weak structure remains unchanged, and intraday support is under pressure. This evening's strategy mainly involves shorting on rebounds, with very light positions for long entries at strong support. Strict position control and proper stop-loss placement are essential to avoid risks from sudden nighttime volatility.
I. Core Market Judgment
1. Trend Qualification: The daily chart shows consecutive declines breaking key support, the 4-hour moving averages are in a bearish alignment, and rebounds are met with resistance and then fall back. This indicates a continuation of the downtrend, and a volume breakout with a bullish candle does not yet signal a reversal;
2. Key Price Levels: Intraday strong support at $2070-2080 (recent lows + key defense zone), short-term resistance at $2150-2180 (4-hour Bollinger middle band), and the critical dividing line between bulls and bears at $2200 (confirmation requires volume stability).