🔍 Daily level | Bearish trend remains unchanged, rebound is just an interlude.
Trend structure: After ETH fell from the high point of 2738 in mid-May, it has been operating within a downward channel.
MACD indicator: DIF and DEA maintain a death cross state, green bars continue to expand, and bearish momentum remains strong.
Key judgment: rebound has not formed a breakthrough structure, overall weak, the pattern of rebounding to short has not changed.
⏱ 4-hour line | Oscillating upward is hindered, high probability of a retracement.
Bollinger Bands: The middle band pressure is effective, the current K-line repeatedly tests but fails to effectively break above.
Short-term moving averages: 20MA and 30MA death cross continues to press down, price operates below them.
MACD: Although there is a golden cross, the momentum bars are clearly shrinking, and the rebound lacks sustainability, suggesting a top is being formed.
Judgment summary: overall weak oscillating upward structure, may break down at any time.
🕐 1-hour line | Weak rebound oscillation forming a top, bears are about to exert force.
Current shape: Price oscillates around 2480, with multiple attempts to break above yielding no results.
Bollinger Channel: Upper band continues to press down, K-line halts at the middle band, volatility converges waiting for direction choice.
MACD golden cross strength is insufficient: momentum bars show signs of fatigue, and reversal volume lacks support.
Conclusion: Clear signs of a top, limited short-term bullish rebound space, bears may dominate the market at any time.
🎯 Suggested trading strategy (bearish)
✅ Opening position: around 2480
🎯 First take profit level: 2455
🎯 Second take profit level: 2430
❗ Stop loss level: 2515
⚠️ Notes:
It is recommended to try shorting with light positions, quick in and out.
If the rebound continues, strict stop-loss is required to avoid losses from reversing long positions.
✅ Strategy Summary
Daily pressure is strong, four-hour rebound is weak, one-hour top is oscillating—multi-period resonance is bearish, the 2480 line is an excellent shorting point. If weakness is confirmed, a quick pullback to 2440 or even lower areas is expected.
📌 This round of operations suggests grasping the rhythm, strict risk control, and waiting for bears to release in their favor.
