1. Current Price and Status (Morning of March 7, 2026)

- ETH Current Price: 1980–1983 USD (≈66,700 USDT/CNY)
- 24h Decline: approximately 4.1%, wedge lower boundary at 2050 broken, entering a bearish dominant, weak oscillation
- Market: 1980 is a point of contention between bulls and bears, 4H is bearish, daily break below

2. Key Support/Resistance (Core Monitoring Points)

Support (Defensive Lines Against Decline)

- First Support: 1980–1985 (near current price, intra-day bulls and bears divide)
- Critical Support: 1950–1960 (intra-day low, break accelerates decline)
- Strong Support: 1900 threshold → 1880–1890 → 1840–1850 (mid-term defense)

Resistance (Pressure Lines for Rise)

- First Resistance: 2000–2010 (round number + previous support turned resistance)
- Strong Resistance: 2030–2050 (original wedge lower boundary, only turns strong after reclaiming)
- Critical Resistance: 2080–2100 (rebound limit)

3. Two Scenarios (Divided at 2000)

Scenario A: Rebound Fails to Surpass 2000 (More Probable)

- Trend: Rebound to 1990–2000 encounters resistance and falls back, unable to stabilize
- Signal: 4H bearish structure, insufficient volume, continued selling pressure
- Follow-up: Drop to 1950 → 1900 → 1880–1890; breaking 1900 looks toward 1840–1850

Scenario B: Stabilizes Above 2000 (Less Probable)

- Trend: Volume breakout above 2000 with retest for confirmation
- Signal: 4H bullish divergence, MACD golden cross, buying interest resumes
- Follow-up: Rebound to test 2030–2050; only after breaking 2050 can it potentially return to a range-bound zone

4. Trading Recommendations (Current Price 1983)

Short-term (Intra-day/4H)

- Short (Priority)
- Entry: Resistance at 1990–2000, short if encountered
- Stop-loss: Above 2010
- Targets: 1950 → 1900 → 1880
- Long (Light Position, Trial and Error)
- Entry: Stabilization at 1950–1960, go long
- Stop-loss: Below 1940
- Targets: 1985–2000 (only rebound, no reversal expectation)

Mid-term

- Core: If 2050 is not reclaimed, trend remains bearish
- Key: 1900 threshold determines whether a deeper correction occurs

5. Risk Reminder

- Break below 2050, the bull-bear dividing line, short-term outlook is bearish
- Correlated with BTC, March options expiration, and liquidity impacts; strictly control position size and stop-loss
- 1983 is a contention point; only after stabilizing above 2000 can recovery be discussed

Would you like me to organize these two directions into a point list (entry/stop-loss/take-profit) suitable for placing orders on Zhima Platform?