ETH Short-term: 1-hour narrow range consolidation, 4-hour bearish dominated, high sells and low buys as the main strategy

Ethereum maintains a 2120-2180 range on the 1-hour level with repeated consolidation. Upside resistance has been tested multiple times without success, with insufficient bullish momentum. The first support level below is 2120, second support at 2080, with the range lower band providing relatively effective support. The downtrend on the 4-hour level has not been effectively broken; the bearish pattern on the larger timeframe remains dominant. Bounces are more inclined toward technical corrections rather than trend reversals.

Trading approach follows the strategy of selling on rallies at high levels and scaling in with long positions at support levels:
Position short orders when bounces approach the upper band of the range under pressure; when it pulls back to 2120 and stabilizes, try small long positions, and if it breaks below, watch for 2080 to scale in with longs, strictly use stop losses to control risk. Currently, the market is operating mainly in range consolidation mode. Do not chase orders, do not hold losing positions; wait for a confirmed breakout before following the trend.

For precise levels and real-time entry/exit signals, follow Bamboo Leaf & pinned 🤔, steadily capitalize on the rhythm of consolidation moves. #加密市场回涨 $ETH