📊 ETH Perpetual Contract (2026-04-03 10:30 UTC+8)

• Current Price: $2,054

• 24h Change: -4.2%

• Open Interest: $27.78 billion

• 24h Liquidations: $95.1 million (77% long positions)

🎯 Key Intraday Levels

• Support

◦ First Support: $2,020–$2,030 (Lower Bollinger Band)

◦ Strong Support: $2,000 (Psychological level)

◦ Break below: $1,950

• Resistance

◦ First Resistance: $2,080 (Middle Bollinger Band)

◦ Strong Resistance: $2,130–$2,150 (Bearish defense line)

📉 Technical Analysis (4h + Daily)

• Moving Averages: Bearish alignment (EMA5<10<20<50), all under pressure

• RSI: 34, in the weak zone, not oversold → room for further decline

• MACD: Bearish crossover downward, green bars expanding → Strong bearish momentum

• Bollinger Bands: Near lower band, opening downward → Slightly bearish oscillation

• Volume & Open Interest: Increasing volume on decline, steady open interest → Bearish control

✅ Contract Strategy (Bearish Bias)

• Rebound to Short (Primary)

◦ Entry: $2,075–$2,090

◦ Stop Loss: Above $2,155

◦ Targets: $2,020 → $2,000 → $1,950

• Break and Short (Alternative)

◦ Short on a break below $2,020 with small position

◦ Stop Loss: Above $2,060

◦ Targets: $2,000 → $1,950

• Bullish Conditions

◦ Must see volume confirmation and a break above $2,150 and $2,180

◦ Otherwise, all rebounds are opportunities to short