ETH is at a critical point right now.


The recent price movement has actually been a bit off.
On the surface, it's hovering around 2050, but if you look closely, you'll notice: the rebounds are getting weaker, and there are sell-offs whenever it rises.
Simply put—bulls are starting to lose momentum.
Above, there's resistance around 2100~2150, and below, 2000 is being tested repeatedly. This kind of structure usually doesn't stay sideways forever; a direction will eventually be chosen.
The most important point in the market now is whether 2000 can hold. If it does, expect continued volatility and range-bound trading. But if it breaks down—especially with high volume—it's likely not going to slowly decline but will accelerate downward.
The biggest mistake at this level is trying to trade back and forth in the middle, getting repeatedly shaken out.
My own approach is simple: if the rebound isn't strong and I don't chase, I see the market as weak and just watch how it develops. It's no longer about who predicts better but about who can wait.
Wait for the right position, and leave the rest to the market.
ETH-3,12%
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