Main Path
“Consolidation Repair → Rebound Encountering Resistance → Range Consolidation”
Current ETH price is around 2737 USD, maintaining a weak consolidation repair over the past two days, but the 2755–2775 area above is a clear pressure zone, with the price being pushed back multiple times.
Key Phenomena:
K-line rebounds but the body is relatively small, indicating weak repair
The middle track (Bollinger Band middle line) of the 15-minute / 1-hour always suppresses
Although MACD has turned positive, the momentum bars are very weak
RSI is hovering in the 48–55 range, indicating a weak consolidation structure
Therefore, in the short term, it is very likely to continue operating in:
Range: Consolidation between 2700 ~ 2775
As long as 2775 is not broken, it is very difficult to achieve a sustained rebound.
Support Levels
First Support: 2700
Second Support: 2650 (defensive band above the previous low of 2620)
Resistance Levels
First Resistance: 2755
Core Strong Resistance: 2775–2790
Stronger Resistance: 2850 (trend reversal point)
Alternative Path
“Stabilize and Rebound → Strong Breakthrough → Short-term Rise”
If ETH can effectively break through and stabilize at:
≥ 2775 (two 1-hour candles closing above is enough)
Then it can open up short-term upward space, target:
2825
2850
Strongly even looking at 2900
But please note, as long as the price falls below again:
2700–2710 range
It will weaken again, returning to the logic of weak consolidation → Re-testing 2650–2620.
Operation Suggestions
Short Position Strategy (Main Rhythm)
Entry Range: 2750–2775
Stop Loss: Above 2785
Target: 2705 → 2680 → 2650
Logic:
Strong pressure above
MACD red bars are weak, rebound momentum is insufficient
Currently belongs to a structure of encountering resistance during a pullback, still dominated by weak consolidation
Long Position Strategy (Defensive Rhythm)
Entry Range: 2680–2700
Stop Loss: Below 2650
Target: 2740 → 2775
Logic:
The lower 2700 is the upper edge of the previous low, has support significance
Increased volume at low levels, has short-term rebound space
But the overall rebound is still weak, not suitable for chasing highs
Rhythm Summary (Very Critical)
The current structure of ETH is very clear:
“Consolidation Repair → Weak Upward Movement → Range Consolidation”
Performance Characteristics:
Weak rebound, clear resistance above
MACD red bars are small and have no extension, momentum is weak
RSI is repeatedly hovering near the middle axis
Prices continue to be suppressed by the middle track, typical of a weak consolidation structure
Short-term Keywords:
“First Consolidation → Rebound Encountering Resistance → Mainly High Shorts”
