# Ethereum Major Timeframe Line Change - Overall Structure Analysis:



Current 1-hour structure:
Downtrend → Weak rebound → New low → Consolidation
Movement breakdown:
2377

First wave down

2200 consolidation

2141 new low

Current: 2163 consolidation

Structure characteristics:
Rebounding weaker and weaker (2200 → 2180 → 2160)
Higher highs continuously declining
Lower lows continuously being tested
Current definition:
"Intermediate consolidation" within a standard bearish trend

Support and resistance levels:
Upper resistance
First resistance at 2180, providing short-term resistance
Second resistance at 2200, a key resistance level
Strong resistance between 2220 and 2250
Bearish defense zone

Lower support
First support at 2140, already tested
Second support at 2100, a key target
Strong support at 2050

Comprehensive judgment:
Currently, Ethereum is in a continuation phase within a bearish trend
Rhythm:
First wave down
Second wave down
Currently gathering strength for the third wave

Final summary:
Ethereum is weakly consolidating around 2160; a break below 2140 will trigger the third wave of decline, with targets of 2100 and possibly 2050.
ETH5,33%
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