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Hong Kong, April 5th, 12:24 PM, ETH support and resistance levels
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The long-term cycle (weekly/monthly) is strongly bearish, the medium cycle (daily) is neutral to bearish, and the short cycle (4-hour) is neutral. The three cycles show a divergence structure: large bearish, medium neutral, small neutral, not fully synchronized.
The trend direction above the daily level is bearish. Any rebound without a substantial breakout and volume increase above 2103 should be viewed as a corrective rebound within a downtrend, not a trend reversal.
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ETH Resistance Levels
Level 1: Around 2078 (39% breakout probability)
Level 2: Around 2103 (58% breakout probability)
Level 3: Around 2133 (31% breakout probability)
Level 4: Around 2153 (15% breakout probability)
Level 5: Around 2203 (11% breakout probability)
ETH Support Levels
Level 1: Around 2039 (47% breakdown probability)
Level 2: Around 2019 (71% breakdown probability)
Level 3: Around 1995 (44% breakdown probability)
Level 4: Around 1976 (28% breakdown probability)
Level 5: Around 1920 (20% breakdown probability)
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$ETH