# Ethereum Large-Scale Timeframe Structure Analysis:



Current 1-hour structure: Decline → Break → Stop decline → Weak rebound
Trend:
2175

2114 (New low)

Current: 2140
Structure characteristics:
New low has appeared (2114)
But no continued acceleration in decline
Small rebound + sideways consolidation emerging
Current definition: "Weak recovery phase" within a downtrend

Support and Resistance Levels
Current price: 2135
Upper resistance:
First resistance: 2145 - 2155
Current resistance zone:
Second resistance: 2175 (Key) 🔥
Previous high resistance:
Strong resistance: 2200
Lower support:
First support: 2120
Second support: 2100 (Key)
Strong support: 2050

Comprehensive assessment of current Ethereum:
The downtrend has not yet ended
It is only in a short-term rebound correction

One-sentence summary:
After declining, Ethereum has entered a weak rebound phase, with clear resistance above 2150, and the rebound is likely to be used as an opportunity for further decline.
ETH3,78%
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