From the current trend, after the price stabilized and rebounded from the low point of 99200, it encountered resistance during the upward process and fell back. It has now re-tested the integer level of 102000. This position has important technical significance, as it is both a key integer support level in terms of market psychology and a consolidation area where there was a pause during the previous decline. It has now transformed into an important reference for judging the short-term comparison of bullish and bearish forces.

From the 15-minute K-line level, it can be noted that after the price reached the area around 102000, both the intensity and speed of the decline showed a clear slowdown. The K-line body has narrowed with accompanying lower shadows, indicating that there is a certain amount of buying support near this price level, and the bearish momentum appears to be weakening. This technical pattern usually implies that the selling pressure in the market has been released in the short term, and there is a possibility of price stabilization.

In summary, due to the effect of the key support level becoming apparent and the weakening of short-term bearish momentum, the probability of the market undergoing a technical rebound and repair near this level is increasing. Attention should be focused on whether the price can effectively stabilize at the 102000 level and re-accumulate upward momentum, as this will determine the strength and sustainability of the short-term market rebound. $ETH #加密市场回调