Ethereum Market Analysis: Key Levels and Trading Strategies

【Current Market】

- Latest Price: $1798.53

- 30-Minute Trend: Down 0.64% (1810.09→1798.53)

- 24-Hour Performance: Current price around 1793, down 1.52%

【Market Dynamics】

1-Hour Liquidation Data:

- Total Liquidation: $13.63 million

- ETH Proportion: $280,000 (21.1%)

Indicating the market is still in a volatile state

【Technical Signals】

Bearish Signs Evident:

✓ Top Distribution Pattern Formed

✓ Death Cross Appearing in Moving Averages

✓ MACD Double Top Structure

✓ RSI Reversed Downward After Breaking 50

【Capital Flow】

Main Capital 72-Hour Data:

- Net Outflow: $147 million

- Buy/Sell Ratio: 1:1.35

Indicating institutions are more inclined to sell

【Key Levels】

Support Level: $1800

Resistance Level: $1800 (Current Price Difference Only 0.08%)

Note: Chip Distribution Sparse, High Probability of Breakthrough

【Trading Suggestions】

Short-Term Strategy:

1. If it breaks below the support level, consider short-term positioning

2. Strictly Set Stop Loss

3. Build Position in Batches, Control Risk

Specific Trading Plan:

Entry Range: 1870-1890 (Short Sell)

Target Level: 1700-1600

Stop Loss Level: 1920

【Risk Warning】

Market Volatility is Severe, Recommendations:

- Continuously Monitor Main Capital Flow

- Control Position Size for Each Trade

- Maintain Flexible Responses

(This analysis is for reference only and does not constitute investment advice)