$ETH Spot Analysis: $1800 Range Game, Divergence in Capital Flow
Recent Price Trend:
ETH price has experienced a significant drop from its high and is currently consolidating around the $1800 area.
Capital Data Analysis (Based on Spot Data):
Combining capital data: over the long term (60 days), both institutions and retail investors show a clear net sell-off, consistent with the long-term downward trend.
However, recent data (5-15 days) indicates that institutions are net buying in the current price range (capital inflow), while retail investors continue to predominantly net sell, indicating a divergence in capital flow between institutions and retail investors.
Technical Analysis (Daily Chart):
Support: $1750 - $1800 area (key support zone near recent lows).
Resistance: Around $2000 (previous rebound high and a round number level).
Comprehensive Analysis and Risk Considerations:
ETH spot is attempting to build a bottom around $1800 after a long-term decline. Although the long-term capital outlook remains bearish, the recent buying behavior of institutions in this price range provides potential support, contrasting with the continued selling by retail investors. The market is facing a test of the effectiveness of the $1800 support. The risk lies in the possibility that the long-term downward trend may continue, or that institutional buying may not be sufficient to offset the overall selling pressure.
Please Note: The market carries uncertainty; prices may continue to fluctuate around the $1800 area or choose a direction. It is advised to closely monitor key support and resistance levels, set strict stop-loss orders, and control position risk. #内容挖矿
