Current Market (20:17)

Real-time Data:
- ETH Price: $1948.08
- 24-Hour Change: -1.77%
- 24-Hour High: $2002.23
- 24-Hour Low: $1927.71
- 24-Hour Trading Volume: $2.217 billion
- Fear & Greed Index: 9 (Extreme Fear)
Market Analysis:
1. Price Near New Low: Dropped from 2002 to 1948, close to 24-hour low of 1927
2. Downtrend Continues: Fell from 2002 to 1948, a 2.7% decline, trend is downward
3. Extreme Fear Persists: Sentiment index at 9, market is extremely panicked
4. Evening Trading Session: 8 PM, trading in European and American markets, liquidity is relatively stable
Technical Position:
Strong Support: 1922 (24-hour low), 1900 (psychological level)
Next Supports: 1880, 1850
Resistance Levels: 1960, 1980 (previous entry points), 2000 (psychological level)
ETH Current Opening Strategy
Strategy Choice: Rebound Short
1. Price at 1948, close to 24-hour low of 1922, rebound strength is limited
2. Downtrend remains unchanged, dropped from 2000 to 1948, trend is downward
3. Evening market liquidity is stable, potential test of resistance
4. Extreme fear may trigger a technical rebound, but shorting after rebound is safer
Specific Trading Entry Points:
Entry Price: 1960-1970 (rebound into resistance zone)
Entry Condition: Weak rebound, signs of stagnation
Stop Loss Settings:
Hard Stop Loss: 1985 (above key resistance)
Psychological Stop Loss: 1975 (if broken, reduce position)
Take Profit Targets:
First Target: 1930
Second Target: 1910
Third Target: 1890