Hong Kong March 24, afternoon 16:17, ETH Analysis

Three-cycle resonance status: Large cycle bearish + Medium cycle resistance + Small cycle momentum exhaustion = Short-term long, medium-term short pattern, approaching resistance zone, not recommended to chase longs

ETH Upper Resistance Levels
2175————2205————2255

Key Observation: Overall low probability of breaking through resistance levels, consistent with the macro backdrop of "bearish structure not yet reversed."

ETH Lower Support Levels
2121————2096————2076

Breaking down decreasing logic: Each lower level requires stronger bearish momentum to drive it, probability decreases exponentially.

Reference Short: Around 2205

Reference Long: Around 2096

Stop loss depends on individual risk tolerance
Feel free to ask me questions in my chat room anytime
Daily live streaming analysis of current market trends and direction

【The above content is for reference only: not investment advice】

$ETH