Ethereum Trend Structural Layout After Breakdown

Daily level observation shows that the sustained weeks-long step-type downward channel has shown a valid breakout signal. The MACD histogram has narrowed and turned positive below the zero axis, and the RSI indicator has moved out of the oversold zone and is steadily rising at a 45° angle, indicating a short-term exhaustion of bearish momentum. It is recommended to focus on opportunities for bullish momentum accumulation during the pullback process.

Operating Suggestions

Long Ethereum around 1800, defend at 1740, target around 1870-1900

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