Ethereum large-scale timeframe analysis:


The structure has already been upgraded: consolidation → breakout → confirmation of the downward channel.
Key changes:
Previous key support: 2045 (already broken)
New low: 2024
Current price: 2052
Current structural definition: bearish trend entering the "accelerated oscillation and consolidation" phase.

Support and resistance levels:
Current price: 2052
Upper resistance:
First resistance: 2065 - 2080
Strong resistance (key): 2095 - 2110
(Resistance after breakout)
Lower support:
First support: 2020
Strong support: 2000
(Not a bottom, but a buffer after a segment of decline is completed)

Comprehensive analysis:
Current status: breakout completed + in the correction phase before the second wave of decline.
Key logic:
Key support at 2045 has been broken.
A new low has appeared.
The rebound lacks volume.
Conclusion: This wave of decline is not over; it has only taken a pause in the middle.

Final summary:
Ethereum has broken through key support; currently in a technical rebound phase, and it is highly likely to continue downward testing around 2000 after the rebound ends.
ETH3,78%
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