Ethereum has shown weak performance recently, with the price oscillating downwards in the 2650-2800 USDT range, market sentiment is sluggish. Combining candlestick patterns, technical indicators, and trading volume, let's break down key signals and formulate today's operational strategy in 3 minutes👇
🔍 Trend Analysis: Bears dominate, rebound lacks strength
1️⃣ Candlestick Pattern: High-level Retreat
Significant Drop: In the past 10 hours, the price quickly dropped from 2800 USDT to 2650 USDT, with short-term bears dominating.
Key Pressure: Previous high point at 2683 USDT forms strong resistance, if it cannot break through, it may continue to test the 2600 USDT support.
2️⃣ Technical Indicators: Bearish pressure, but momentum weakens
MACD Signal: Hourly MACD histogram continues below the zero line, both DIF and DEA are negative, but the green bars are narrowing, indicating a reduction in bearish momentum.
RSI Neutral to Weak: Value 47.54, not in the oversold zone, market sentiment is neutral, lacking clear directional guidance.
EMA Moving Average Pressure: EMA30/120/200 show a bearish arrangement, price below EMA, short-term trend still slightly bearish.
3️⃣ Trading Volume Code: Selling pressure release, market waits
Volume Spike Down: From 21:00 to 22:00 on February 4, trading volume surged, accompanied by significant price fluctuations, indicating concentrated selling pressure release.
Recent Volume Decline: After 03:00 on February 5, trading volume significantly decreased, market activity lowered, and observation sentiment intensified.
🎯 Short-term Operational Strategy: High sell low buy, strictly adhere to discipline!
📌 Buying Point
First Hit: 2650 USDT (recent low support, light positions for long)
Second Hit: If it retraces to 2600 USDT (integer support), positions can be added in batches.
🛑 Long Stop Loss: Break below2580 USDTExit decisively, refuse to be deeply trapped!$ETH
📌 Selling Point
First Target: 2800 USDT (recent resistance, recommend reducing positions upon rebound to this level)
Second Target: If it breaks above 2800, 2850 USDT is strong resistance (needs volume support).
🛑 Short Stop Loss: Breakthrough2880 USDTGive up and exit to prevent trend reversal!
⚠️ Risk Warning
Downward Risk: If it breaks below 2650 USDT, it may accelerate to 2600 or even lower!
Rebound Pressure: EMA moving averages show significant resistance in the 2683-2800 USDT area.
Market Heat Decline: Heat ranking drops to 2nd place, liquidity shrinks or exacerbates volatility.
🎯 Medium to Long-term Operational Strategy: High sell low buy, strictly adhere to discipline!
📌 Buying Point
First Target: 2300 USDT (recent support)
Second Target:2100 USDT(Previous Low)
$ETH
Europon Summary: Short-term volatility is slightly bearish, light positions near 2650 for long, and take profit in batches above 2800! Remember, before the trend reverses, enter and exit quickly, strict stop loss on breakouts!
(Strategy represents personal opinion for reference only, the market has risks, gambling may lead to liquidation!)
Finally, don't forget to follow and like! May 2025 bring you and me abundant wealth!