Tonight at 9:30, ETH trading experienced significant fluctuations, but the price movement was relatively small. This indicates that both bulls and bears are currently in a stabilization phase, and today is Friday. Therefore, the bearish support is at 1942, with resistance at 1990. My personal view is that tonight will be a sideways market. Currently, the 2-hour K-line has stabilized in the oversold area, and on the 4-hour K-line, there is a pattern of an initial rally followed by a sharp decline.
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Tonight at 9:30, ETH trading experienced significant fluctuations, but the price movement was relatively small. This indicates that both bulls and bears are currently in a stabilization phase, and today is Friday. Therefore, the bearish support is at 1942, with resistance at 1990. My personal view is that tonight will be a sideways market. Currently, the 2-hour K-line has stabilized in the oversold area, and on the 4-hour K-line, there is a pattern of an initial rally followed by a sharp decline.