[Daily analysis]
ETH has consecutively closed in the red on the daily chart, overall in a short-term downtrend channel. The price is running below multiple moving averages, with a bearish bias.
MACD green histogram is expanding, with DIF crossing below DEA forming a death cross, bearish momentum continues to strengthen;
BOLL middle track has flattened from above, with the price falling between the middle and lower tracks, showing significant pressure;
Support below is in the range of 2410~2430, which is a previous area of dense transactions.
Structurally, ETH has not escaped the downtrend; the current rebound seems more like a technical correction against the bears, with sustainability in doubt.
[Four-hour analysis]
ETH's rebound on the four-hour chart is constrained below 2550, forming a small 'head and shoulders' pattern, with the right shoulder confirmed, and the structure turning bearish.
MACD is still below the 0 axis, the death cross downtrend has not changed;
BOLL channel is opening downwards, with the price running below the middle track, showing significant short-term pressure;
The current price is in the confirmation stage of the right shoulder structure of the head and shoulders, showing clear short-term weakness.
Unless there is a strong volume breakout above 2570, it will continue to search for support.
[One-hour analysis]
Although there is a slight rebound on the one-hour chart, the volume has not effectively increased, indicating a weak rebound, with pressure appearing near the BOLL middle track.
MACD has just crossed bullish, but the histogram is weak, indicating a technical correction;
Near the BOLL middle track, there are signs of stagnation in the rebound, with clear weakness in the bullish momentum;
If the 2515~2520 area cannot stabilize, the next round of decline may begin at any time.
Overall rhythm is still bearish dominant, operations should favor high shorts and low cover.
✅ Operation Suggestion (short-term bearish)
Cabin opening range: around 2510
First resistance level: 2480
Second resistance level: 2460
Resistance level: 2550
📢 Strategy Explanation:
Currently, ETH shows a slight rebound, but lacks volume and momentum; many technical indicators remain bearish. Structurally, 2550 has become a strong upper resistance, and the short position is ideal. If it retraces to the 2450 or even 2430 area, it will form a potential double bottom, at which point we can observe whether it turns bullish. The current strategy should focus on 'inducing buying before a drop' as the main expectation, following the trend and strictly controlling risk.
