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February 27 ETH Market Analysis (Current Price $1960)
Trend: Increased volume breaks below the 2000 level, dominated by bears, weak downward movement.
Key Levels:
• Resistance: 1980 → 2000 (psychological threshold)
• Support: 1950 → 1900 (strong support)
Strategy: Follow the trend for short-term short positions, attempt shorting on rebounds at 1980-2000 with pressure, stop loss at 2020; if 1950 stabilizes below, consider light positions to bet on a rebound, with strict risk control.
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