3.12
$ETH Market Update | 1-Hour Structure
Currently oscillating around 2020
From a structural perspective, it has entered a short-term consolidation zone.
After hitting a low of 1910 earlier, a rebound occurred, reaching up to 2080. This is now a secondary consolidation after the pullback.
Next, focus on two key levels:
Upper resistance
2050 — 2080 range
Lower support
2000 — 1980 range
As long as 2000 is not broken, the market is likely to remain in oscillation with a bias toward rebound.
But if it breaks below 2000, the market may test 1980 again, or even 1950.
This kind of movement current