The price of ETH is trending downwards in a slow and volatile manner. After failing to break through the high point, the structure clearly indicates a bearish trend, and the main strategy is to sell at higher levels. ​ The current price rebounded to test the trend line before falling back, but has not yet broken the previous low; overall, it is moving within a downward channel without any acceleration. The next key move is for the price to break below the downward channel before accelerating the decline. First resistance level: 2070-2107 (a level where support and resistance levels have interchanged multiple times). Target: If it breaks below the previous low, look towards 1700.