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Hong Kong, April 1st, 8:27 AM, ETH support and resistance levels
Currently, the medium and short-term cycles are aligned (bullish rebound), but the long-term cycle remains bearish. Short-term rebound momentum is sufficient, but constrained by the long-term bearish trend, so the rebound height is limited. The best strategy is to buy on dips during the medium cycle rebound, taking profits at resistance levels, or wait for the rebound to reach resistance and then short during the long cycle.
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ETH Upper Resistance Levels
First resistance: 2124—2134 (45% chance of breakthrough)
Second resistance: 2148—2158 (28% chance of breakthrough)
Third resistance: 2184—2200 (15% chance of breakthrough)
ETH Support Levels
First support: 2090—2096 (33% chance of breakdown)
Second support: 2075—2081 (22% chance of breakdown)
Third support: 2050—2056 (15% chance of breakdown)
Fourth support: 2020—2026 (10% chance of breakdown)
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