4.4 Morning Etiquette Silk Road and Recommendations

As of April 4, 2026, Ethereum is currently priced at $2,053.52, down 0.17% intraday, remaining in a high-level consolidation pattern. The price fluctuates within the $2,042-$2,075 range, with an amplitude of about 1.6%. From a time cycle perspective, the short-term one-week and one-month gains are 3.04% and 3.57%, indicating a phase rebound. However, the medium to long-term declines over the past three months amount to 34.33%, and over the past six months, 54.48%, suggesting that deep correction has not yet ended.

Key Technical Levels

Support Levels

Recent Support: $2,000-$2,020 (psychological threshold + recent lows)

Critical Support: $1,850-$1,900 area

Strong Support: $1,800 (key macro support level)

Resistance Levels

Initial Resistance: $2,100-$2,138 (this week’s high)

Key Resistance: $2,200-$2,300 (previous dense trading zone)

Strong Resistance: $2,300-$2,500 area

Technical Indicator Status

Moving Averages: Price is below the 20-day (2,082), 50-day (2,152), and 200-day (2,720) EMAs, showing a typical bearish structure.

MACD: Forms a golden cross below the zero line but with weakening momentum, indicating insufficient short-term upward strength.

RSI: 48.65, in a neutral zone, neither overbought nor oversold.

Bollinger Bands: Price is below the middle band (2,119), with a volatility range of 1,927-2,311.

Key Observation Points

Monitor whether the price can effectively hold above 2,100 and break through 2,200.

If it falls below 2,000, a quick dip to 1,980-1,950 is possible.

If April closes above 2,200, it will turn into a medium-term bullish outlook; otherwise, a break below 2,000 confirms continued correction.

Summary and Recommendations

Ethereum is currently at a critical stage of "price and value divergence." In the short term, it is oscillating between 2,000 and 2,200 due to macro pressures and sentiment, but in the long term, it has solid fundamentals in RWA tokenization, network activity, and institutional deployment.

Short-term traders: Focus on the breakout direction of the 2,000-2,200 range, set strict stop-losses. A successful breakout above 2,200 could target 2,300-2,500; a fall below 2,000 warrants caution for a move down to 1,850-1,900 support.

The above is only personal advice; please follow Sister Lin’s strategic layout for precise guidance.