Ethereum Overall Structure Analysis:
Structure Breakdown:
1796 → 2050 First major rally
2050 → 2149 Accelerated push to the top
2149 → Pullback above 2000
Currently: Sideways consolidation around 2050
Key Points:
Did not break below 2000
The high point of 2149 has not been temporarily broken
High-level sideways trading duration is increasing
This indicates:
The market is entering a high-turnover zone rather than a direct reversal.
Currently:
A consolidation within an upward trend.
Key Support and Resistance
Resistance Levels:
First resistance: 2060
Strong resistance: 2100
Extreme resistance:
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