1. Key positions and trend judgment
1. Short-term bull-bear dividing line: 1835 (4-hour level)
- Stabilizing signal: If the ETH price closes above 1835 within the 4-hour cycle, it indicates effective resistance from bulls, the correction may end, and the market could restart the upward trend.
- Upper pressure level:
- First resistance level: 1854 (short-term technical resistance);
- Second resistance level: 1872 (previous high during the consolidation);
- Third resistance level: 1903 (key level for medium to long-term trend).
- Risk of not stabilizing: If it remains under pressure below 1835, the market may maintain a bottom consolidation or even further decline:
- First support level: 1815 (the low point after breaking through last night and rebounding);
- Target after breakdown: 1792 (near the lower Bollinger Band), 1762 (previous low support area).
2. Meaning of the rebound after breaking support
- Last night, the price briefly broke below the first support level of 1815 and quickly rebounded, indicating the presence of buying support below, but be wary of false breakout risks, and confirmation of trend direction should come from the 4-hour closing price.
2. Suggested operational strategy
- Bullish scenario:
- After stabilizing at 1835, aggressive traders can take small positions long, targeting 1854, 1872, with a stop loss set below 1835 (e.g., 1825).
- Bearish scenario:
- If the rebound is blocked at 1835 and falls below 1815, consider shorting in the short term, targets 1792, 1762, with a stop loss set above 1825.
- Conservative strategy:
- Wait for clear breakout signals at the 4-hour level (stabilizing above 1835 or breaking below 1815), avoid participating in the range-bound trading.
3. Summary
- Core logic: 1835 is the key point for short-term bull-bear victory. If it stabilizes, it opens up upward space; otherwise, it may continue to oscillate or decline.
- Range characteristics: The current market is in a narrow range of **1815 (support) - 1835 (pressure)**, and the direction of the breakout will determine the short-term trend.
- Risk warning: Attention should be paid to the correlation with the overall market (such as BTC trends) and the impact of market news. Strictly control positions during operations to avoid chasing highs and cutting losses.
In summary: ETH needs to observe the breakout situation at 1835 in the short term. If it stabilizes above, it can be bullish; if it fails to break through, risk of further decline should be guarded against, and it is recommended to focus on right-side trading after the trend is clearly defined.$ETH #ETH走势分析 
