Alright, let’s break down ETH/USDT based on the data you shared 👇

📊 ETH/USDT Technical Outlook

Current Price: 1,961.70

24H Change: −6.54% (strong pullback)

24H Range: 1,747.80 → 2,149.75

Volume (USDT): 4.30B (high → confirms strong participation)

🔍 Market Structure

ETH faced heavy rejection near 2,150, which is a major supply zone

Price dropped sharply but buyers defended the 1,750 area

Overall structure: short-term bearish correction within a bigger range

⏱ Timeframe Analysis

15m / 1h

Momentum is weak but stabilizing

Small recovery attempts after touching 1,747 support

Expect choppy consolidation between 1,900 – 2,030

4h

Clear lower high formation

Trend still bearish unless ETH reclaims 2,050–2,100

RSI likely near oversold → relief bounce possible

1D

Daily trend is neutral → bearish

As long as ETH stays below 2,150, upside is capped

Breakdown risk if 1,700 fails

🧱 Key Levels to Watch

Support Zones

1,870 – 1,900 (minor)

1,750 – 1,720 (major demand)

1,650 (last strong support if panic selling)

Resistance Zones

2,030 – 2,060

2,150 (strong rejection zone)

2,350 (trend reversal only above this)

🎯 Possible Scenarios

✅ Bullish Relief Bounce

Hold above 1,750

Target: 2,030 → 2,100

Needs volume confirmation

❌ Bearish Continuation

Lose 1,750

Fast move toward 1,650

High volatility expected

🧠 Trading Insight

Scalpers: Trade the range (1,900–2,030)

Swing traders: Wait for confirmation above 2,100 or breakdown below 1,750

Risk management is key — ETH volatility is high right now ⚠️

If you want, I can also give:

📈 Entry/SL/TP levels

🔮 Short-term price prediction

🧮 Indicator-based analysis (RSI, MACD, EMA)

Just tell me 👌