Ethereum Short Position Holders: You can maintain your positions with stop loss moved above 2,045, targeting 2,000;

Long Position Observers: Avoid blindly buying the dip. Wait for the price to stabilize above 2,020 and for a doji or bullish engulfing pattern on declining volume before considering light long positions;

Aggressive Traders: You can short into strength in the 2,035–2,040 range with stop loss at 2,050, targeting 2,010–2,000

ETH has broken out of the consolidation pattern and entered a one-sided downtrend. Currently, defense should be the priority, avoiding counter-trend operations. With bears in control, following the trend, strictly controlling position size, and setting stop losses is the only prudent strategy. The next critical observation point is whether 2,021.50 can hold. If it breaks, it will open up further downside space.
If tech stocks continue to weaken after US equity market opens tonight, or if Bitcoin breaks down simultaneously, ETH may accelerate its decline;

Monitor whether 2,021.50 forms a double bottom. If this level is effectively broken, it will trigger algorithmic selling and chain reactions;

On the macro level, remain alert to Federal Reserve officials' statements and geopolitical developments. Any sudden news could intensify volatility. #加密行情震荡 $ETH