#加密市场上涨 ETH's recent rebound is really weak. Even after breaking through the resistance at 2055, it failed to continue the upward trend. The key resistance zone at 2093—2115 was not even tested.

From the current trend, there are signs that the price may fall back below the 2055 support level. Once 2055 is effectively broken, the market is likely to retest the lower boundary of the flag pattern around 2013; if 2013 cannot hold, the next support level to test will be 1985.

Only when ETH continues to stay above 2055 can the bulls have the capacity to push upward toward the resistance levels at 2093—2115.
If it falls below 2055 and cannot quickly recover, there’s no point in expecting further upward space. The market will revert to the previous red boxed consolidation zone and continue to weaken in sideways movement.

In summary, 2055 is the current dividing line between bullish and bearish strength for ETH:
Trading above 2055 favors the bulls;
Once it drops below 2055, the bullish momentum will weaken significantly, and the overall trend will turn soft again.

Trading Strategy

• A volume breakout above 2069 suggests a long position with the trend, targeting 2093—2115

• A volume breakdown below 2035 suggests a short position with the trend, focus on volume changes, and strictly set stop-loss

Timeframe Reference

• Hourly: Hold above 2069, look upward toward 2093—2115

• 4-hour: Break below 2051, look downward toward 2000—1960

Core Logic

The reason ETH is so weak mainly depends on ETH’s exchange rate.
Currently, ETH’s exchange rate has been oscillating within the price channel, neither rising nor falling significantly, which causes ETH itself to maintain a “deadlock” trend.
Only if the exchange rate successfully breaks through the price channel will ETH gain real momentum for a rally;
If the exchange rate falls below the channel, ETH will decline more sharply.

As long as the exchange rate remains within the channel, maintaining the current state is already good.
If the exchange rate cannot rise, even if Bitcoin hits new highs, ETH will only rally symbolically and find it hard to establish an independent strong trend.