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Currently at a critical point in the bulls and bears battle, the price is repeatedly testing support near the lower band, and no clear trend has formed yet.
• Strong support: 2,135.97 (today's low) → If broken, look towards 2,120
❌ Resistance levels:
• Short-term resistance: 2,149–2,154 (recent high plateau)
• Key resistance: 2,166.53 (Bollinger middle band) → Only a breakout confirms strength
• Strong resistance: 2,190.38 (Bollinger upper band)
Regarding key levels, the primary support below is the today's low of 2,135.97. If it is effectively broken, there could be room for further decline towards 2,120 or even lower. On the upside, resistance is first seen in the 2,149-2,154 range, with strong resistance near the middle band at 2,166.53. Overall, bears still hold a slight advantage. It is recommended to wait for a confirmed breakout above 2,166 to signal strength, or a breakdown below 2,135 to follow the trend. Currently, it is not advisable to hold a heavy position in the market. $ETH