February 8th, 13:10 (UTC+8) ETH is currently trading at **$2,090**, up slightly by about 0.8% over the past 24 hours. After oscillating and recovering from oversold conditions, momentum for a rebound is weak, and weekend liquidity remains low.

I. Key Price Levels (Critical Zones)

- Support: $2,050-$2,060 (Strong intraday support, 50-hour EMA); if broken, look for **$2,000-$2,020** (previous lows).
- Resistance: $2,120-$2,130 (Strong intraday resistance, 20-hour EMA); if broken, target **$2,150-$2,160** (consolidation zone).

II. Technical Highlights

- Trend: Daily chart shows a bearish arrangement, hourly chart indicates oscillation and correction, weekend volatility is low.
- Indicators: RSI≈38 (approaching oversold), bearish momentum weakening; MACD shows decreasing bearish divergence, no golden cross; volume is light, indicating weak rebound potential.
- Sentiment: Fear and Greed Index at 7 (Extreme Fear), inverse indicator suggests a short-term rebound window.

III. Trading Strategies (With Stop-Loss and Take-Profit)

1. Long Position: Wait for a pullback to **$2,055-$2,060** and establish a small long; stop-loss at **$2,035**; target **$2,120-$2,130**, if broken, look for **$2,150**.
2. Short Position: Resistance at **$2,125-$2,130** during rebound, establish a small short; stop-loss at **$2,155**; target **$2,090-$2,095**, if broken, look for **$2,060**.
3. Wait-and-See: Avoid trading before reaching key levels, keep position size ≤20%, to mitigate weekend liquidity and false breakout risks.

IV. Risks and Key Monitoring

- Risks: Regulatory news, ETF fund flows, leveraged positions liquidations, beware of false breakouts/fake breakdowns.
- Monitoring: Whether the weekly close stays above **$2,060**; BTC trend correlation and ETF net inflow changes.