Current Market (9:40 AM)

Real-Time Data:
- ETH Price: $1961.91
- 24-Hour Change: -0.76%
- 24-Hour High: $2030.77
- 24-Hour Low: $1927.71
- 24-Hour Trading Volume: $1.9 billion
- Fear & Greed Index: 9 (Extreme Fear)
Market Analysis:
1. Price Rebound from Low: Bounced from 1922 to 1970, a 1.8% rebound
2. Downtrend Slowing: Fell from 2030 to 1961, a 3.4% decline, trend slowing
3. Extreme Fear Intensifies: Sentiment index dropped from 8 to 9, panic worsened but possibly oversold
4. Active Asian Market: At 9 AM, Asian markets are fully trading, liquidity improving
Technical Position:
Strong Support: 1950 (early morning low), 1927 (24-hour low)
Next Support: 1900 (psychological level), 1880
Resistance Levels: 1980, 2000 (psychological level), 2030 (24-hour high)
ETH Current Opening Strategy
Strategy Choice: Rebound Short
1. Price at 1961, rebounded from 1927 low but with limited strength
2. Downtrend unchanged, falling from 2030 to 1961, trend downward
3. Improved liquidity in Asian markets may test resistance
4. Extreme fear may trigger a technical rebound, but shorting after rebound is safer
Specific Trading Entry Points:
Entry Price: 1980-1990 (rebound into resistance zone)
Entry Condition: Weak rebound, signs of stagnation
Stop-Loss Settings:
Hard Stop-Loss: 2010 (above key resistance)
Psychological Stop-Loss: 2000 (if broken, reduce position)
Take-Profit Targets:
First Target: 1950
Second Target: 1930
Third Target: 1910