TheMilkyWayEntersTheClouds

📊 ETH Current Price 1987 (March 7, 07:20) Updated Analysis
Core Conclusion: 1954 is yesterday’s low + strong support, currently oscillating in the 1954–2000 range; short-term bearish but with support, mainly aiming for high shorts, light long positions, strict stop-loss.
1. Key Data Corrections
- Yesterday (March 6): Low 1954, high 2060, close around 2000
- Today (March 7): Current price 1987, 24h -4.5%, intraday low 1970, high 2060
- Correlation: BTC steady at 70500, ETH weaker than Bitcoin, capital outflow
2. Key Levels (Adjusted to 1954)
Support (won’t fall further)
- First support: 1980 (

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BTC is currently experiencing a consolidation phase, seeking a bottom. In the short term, support levels are at 70,000/68,000/65,000. Until signs of stabilization appear, focus on defense.
Key Support Levels and Scenarios (2026-02-06)
- First support: 70,000 (psychological threshold + short-term bullish/bearish dividing line). Holding this level may lead to a weak rebound, targeting 71,000-72,000; a break below indicates moving to the second support.
- Second support: 68,000 (recent low + minor double bottom neckline). There is short-term support here; a volume breakout could lead to testing t

ETH decline will not continue indefinitely; the key is the third-level support. Holding it may lead to stabilization, while breaking below could lead to further decline.
Key support levels (by priority):
1. First support: 1930-1940 (your current take-profit level around 1937, also a short-term consolidation zone). Holding this level likely results in a rebound; consider reducing positions or taking profits. If broken, look to the second support.
2. Second support: 1880-1900 (previous consolidation platform lower boundary + technical support). There is strong support here; if volume increases a

$I'm coming, this is heading towards zero.

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