📊 ETH Daily Chart Fluctuations · Market Outlook

Key Conclusion: Wide-range consolidation at low levels, mainly bearish, 2150 is the critical level

1. Current Pattern

• Daily Chart: Bulls and bears tugging, fluctuating up and down, no clear trend, constitutes a shakeout + technical correction

• Key Level: 2150 is the dividing line between bulls and bears; support below at 1785-1815, strong support at 1660

• Resistance above: 2050→2150, prior to breakout, mainly short-term bullish

2. Three Possible Market Movements

1. Bearish (highest probability)
Rebound to 1980 encounters resistance and falls back, dropping to 1870→1815; breaking below 1740 opens up larger downside space

2. Sideways (neutral)
Daily chart repeatedly consolidates in the 1740–2150 range, suitable for high sell and low buy swing trades, avoid chasing orders

3. Bullish reversal (low probability)
Volume increases and stabilizes above 2050→2150, with daily closing positive + volume spike, then consider shifting to a bullish outlook

3. Short Position Strategies

• Existing Shorts: Short at 1985, partial profit-taking, remaining position with stop-loss at 2000

• Afternoon Risk Control: Break and hold above 2000, observe first, avoid opening new shorts on the left side

• Add to Shorts / Open New Shorts: Break below 1900, then rebound to 1965→1975 to short, stop-loss at 1990

• Mid-term: Break below 1900 to see 1870, if broken again, then 1815

4. One Sentence Summary

Daily shakeout, 2150 sets the direction; mainly short-term bullish, watch for breakouts, avoid chasing and holding unnecessarily.