Current ETH price: 1832 USDT
Trend: Weak consolidation, direction pending
After failing to break through $2400 and being strongly pushed back at $2930, Ethereum (ETH) has fallen into a volatile quagmire of 'landmines below, iron plates above.' Currently oscillating between $1545 and $1830, the trend remains weak, with bearish sentiment prevailing.
Structural analysis:
Bears still at the helm, with lower lows continuously moving down.
Key resistance piling up:
2000: Psychological barrier
2400: The dividing line between bulls and bears
2929: The ultimate defense line of this bull market
Key support is precarious:
1545: The technical lifeline
1385: If broken, will fall into the abyss
MACD dead cross, low volume, if a short-term rebound cannot break through 2000 with volume, it will just be a 'dead cat bounce.'
If 1545 breaks down, ETH may open the door to a deep pit at 1385!
The current market environment is highly complex; blindly bottom-fishing is like dancing on the tip of a knife, one misstep can lead to severe losses.
But for those who truly understand the rhythm, this is a key window of 'the universe is still uncertain, and dark horses can be expected.'
Brothers, don’t wait until the risk explodes to shout for help; understanding the structure in advance is the mark of a true expert.
The next wave of trend reversal is approaching; positioning in advance is more important than rushing in afterward.
Light up your avatar, unlock the main rhythm, don't be a retail investor, be a market maker.
