• Current Price: approximately $2240, down about 9.3% in 24h, 24h high of $2475, low of $2219.
• Core Drivers: Fed hawkish expectations intensify, institutional funds withdraw, combined with chain reactions from contract liquidations, clearly dominated by bears.
• Technical Analysis: Moving averages are in a bearish alignment, Bollinger Bands are opening downward, rebound is weak; MACD is flat at low levels, bearish momentum still prevails.
• Key Levels: Support at 2220-2180, resistance at 2350-2400-2550.
• Trading Suggestions: Strict position control, focus on defense; consider light short positions on rebounds to 2350-2400, targeting 2280-2250; if broken below 2220, look towards 2180; avoid bottom-fishing against the trend until stabilization signals appear.
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ETH Today (2026-02-02) Market Snapshot
• Current Price: approximately $2240, down about 9.3% in 24h, 24h high of $2475, low of $2219.
• Core Drivers: Fed hawkish expectations intensify, institutional funds withdraw, combined with chain reactions from contract liquidations, clearly dominated by bears.
• Technical Analysis: Moving averages are in a bearish alignment, Bollinger Bands are opening downward, rebound is weak; MACD is flat at low levels, bearish momentum still prevails.
• Key Levels: Support at 2220-2180, resistance at 2350-2400-2550.
• Trading Suggestions: Strict position control, focus on defense; consider light short positions on rebounds to 2350-2400, targeting 2280-2250; if broken below 2220, look towards 2180; avoid bottom-fishing against the trend until stabilization signals appear.