1. K-line structure brief analysis (combining 1H/4H/1D levels)
From the 1-hour chart, ETH has slightly rebounded after the spike at 2379, but is clearly under pressure from above, closing three small bearish candles, indicating weak rebound and continued dominance of bears.
The 4-hour chart is even more obvious - since June 5th, ETH has been continuously pushed down with large bearish candles, and the trading volume has increased. The downtrend after the entanglement of the indicator lines indicates that bulls are actively retreating, and the trend breakdown has been confirmed. Although there is a short-term rebound currently, it is still in the oscillation repair phase of the downward trend.
The daily chart has more reference value. The previous platform support range (2450-2480) has been completely broken through by a large bearish candle, which is a typical breakdown structure. At the same time, all short-term moving averages (MA5/10/20) are turning down, the BOLL opening is expanding, and combined with SAR death cross and Alligator biting downwards, it indicates that the decline is not yet over and the intraday rebound space is limited.
2. Trading logic and operation suggestions (not exaggerated, based only on charts and indicators)
My preferred direction: oscillating downwards
Currently, although ETH has experienced an oversold rebound, there are no structural reversal signals. It is expected to continue oscillating around the 2400-2450 range. If it cannot quickly recover above 2455, the rebound may be crushed back at any time.
Today's trading suggestions
Current reference price: 2410
First support level: 2448
Second support level: 2475
Stop-loss level: 2375
