ETH dropped to 1472, bears hit the gas, the rebound is like likes on Moments: visible, but not reachable 📉

Hello everyone, I am Arthur. The moment I opened the ETH chart, I knew today was not simple—consecutive bearish candles, the Bollinger Bands wide open, and the price flying close to the ground, it’s simply a “wanted criminal” level of decline in the crypto space ⚠️

Currently, ETH is around 1472, having broken through the lower Bollinger Band, the MACD dead cross hasn't ended, and the EMA is still pressing down from above. Although there is a slight rebound, there is still a soul missing before a real take-off 🐢

📊 Key points summarized:

Candlestick: consecutive bearish candles + bearish engulfing, a true bear market scene;

MACD: DIF below DEA, selling pressure is relentless;

EMA suppression is obvious, rebounds are basically pushed down;

BOLL opening expansion, volatility risk is rising.

📌 Key levels:

Support at 1415 (previous low area);

Resistance at 1550 (EMA13 is waiting for you);

Stop loss suggestion: long position at 1405, short position at 1570.

Friends, are you going to continue to stay out and watch, or are you ready to bet on a rebound? Give me your thoughts in the comments!

I am Arthur, follow and comment, top team free consultation channel is open to you, serving only the ambitious madmen.