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Ethereum experiences a sharp decline on the one-hour chart with increased volume, MACD volume bars expanding, and RSI moving downward simultaneously, indicating strong bearish momentum. In the short term, it finds support around 2040, but the rebound is weak, and a second bottom is likely to occur. Short-term support can be seen near 2010, with resistance at 2080. The 2000-2100 range may see prolonged consolidation. The four-hour strong support level is around 1960. The market is mainly bearish at higher levels. #加密市场行情震荡
Short-term outlook:
• Support: around 2010
• Resistance: around 2080
• The 2000–2100 range may take a long time to break through
• Strong 4-hour support at around 1960
$ETH {currencycard:futures}(ETH_USDT) #AprilMarketForecast