Thursday midday market analysis

From the hourly K-line perspective, ETH surged to 2350 then sharply retreated, touching a low of 2070, forming a clear long bearish candle reversal pattern, indicating that the bullish momentum is weakening and bears are beginning to dominate the market. Currently, the price is consolidating around 2110, which is a resistance zone transformed from a previous key support level, with heavy selling pressure above.
In terms of indicators, the MACD has formed a death cross below the zero line, and the green momentum bars continue to expand, showing strong bearish momentum; the RSI indicator, after entering the oversold area, has rebounded but failed to break above the 50 midline, indicating the market remains in a weak state.
ETH trading suggestions: Short at 2150 - 2170, stop loss above 2200. First target at the previous low of 2070, with a break below targeting the 2000 level.
Long bottom-fishing operation suggestions: Long around 2080, take profit at 2150, stop loss at 2050.
BTC bottom-fishing suggestions: Long around 70800, take profit at 73500, stop loss at 70000.