Crypto Circle Academician: On 2026.4.3, Ethereum daily chart is dominated by bears, non-farm payroll night sees a battle between bulls and bears, with key support and resistance levels fully analyzed! Latest market analysis reference

Ethereum's current price is 2045. The recent market movements can be described as a roller coaster. It rebounded from a low of 1736, leading many to believe a bull market was coming, but on April 2nd, a large bearish candle reversed the trend, knocking the market back down. Now the price is stuck around 2046, unable to go higher or lower, with bulls and bears fighting fiercely, leaving traders uncertain. In fact, whether going long or short, the core is to identify the right key support and resistance levels, avoid blindly following the trend, and next, we will analyze the current market and trading ideas through technical analysis.

The daily candle reached a high of 2158 and a low of 2015, with downward selling pressure concentrated. The moving average system shows a bearish alignment, with MA20, MA30, and MA60 all trending downward, suppressing the price. The MACD indicator's DIF and DEA lines are below zero and forming a death cross, with green bars continuing to expand, indicating ongoing downward momentum. The Bollinger Bands are opening downward, with the price near the lower band. Strong support is at the previous low of 1736, while resistance is at the Fibonacci strong resistance level of 2425. In the short-term daily timeframe, the market remains weak and oscillating downward, with limited rebound potential.

The 4-hour chart shows that after a rebound to 2126, the price faced resistance and declined. MA20 and MA30 have flattened and turned downward, forming short-term resistance. The MACD's red bars are shrinking rapidly, and a death cross is imminent, indicating waning upward momentum and increasing downward pressure. The middle Bollinger Band is turning downward; after breaking below it, the price tested the lower band support, currently around 1999. Key resistance levels are the upper Bollinger Band at 2157 and the previous high at 2385. The short-term trend is bearish.

Short-term reference: (Trading data has been updated, for details consult the author)

- Upward move from 2060 to 2080 with downward pressure, stop-loss at 2100, target 2010 to 1980

- Downward move from 2000 to 2010 with upward pressure, stop-loss at 1980, target 2080 to 2120

Specific operations should be based on real-time market data. For more information, contact the author. The article may have some delay; use for reference at your own risk.