Currently, ETH is reported at 2555. From the chart structure, after a series of short-term pullbacks to around 2433, there are signs of stabilization, but overall it is still in the repair range after a major decline. Today's key point is: will the rebound trend continue to confirm, or will it build momentum to break new lows again?
Technical chart analysis:
The 4-hour chart shows that the K-line has just risen above EMA5 (2554.70). The short-term moving averages are starting to flatten, showing slight signs of a turn, with an initial appearance of a bottom 'dull' reaction.
The BOLL channel is starting to narrow, with the Bollinger midline around 2641. If this pressure zone cannot be quickly broken in the short term, the rebound is likely to be hindered.
The SAR point indicator is still suppressing above the K-line and has not formed a reversal signal.
The trading volume has not significantly increased yet, and the sustainability of the rebound needs to be observed for additional volume.
Operational strategy recommendation (based on the live K-line structure deduction):
Preferred direction: Short-term oscillation is slightly strong, leaning towards a technical repair upwards.
First Zhi Ying Position: 2605
Second Zhi Ying Position: 2645
Zhi Loss Position: 2490
