$ETH

$ETH Below are the analysis targets for ETH at the weekly level around 2220:

The weekly chart is still in a downtrend channel, and the rebound volume is insufficient!

1. Key Resistance: The middle track of the weekly BOLL (2221 USD) is firmly holding down the price, with currently 2550 USD still having space from the middle track, but the upper track (3046) is out of reach, indicating that the overall trend is still bearish.

2. Volume Risk: The weekly trading volume MA5 has fallen below MA10 (green line dead cross), with the rebound clearly showing reduced volume, large funds are not entering the market at all, and relying solely on retail investors cannot sustain continuous increases.

3. MACD Weakness: The weekly MACD green bar (96.47) has appeared, but DIFF and DEA are still in deep water (negative values), at best it is an oversold rebound, and no reversal signal has appeared.

4. RSI Warning: The daily RSI (6) is close to the overbought area of 70 (68.21), but the weekly RSI's three lines are all below 50 (49.85), making it easy to be pushed back after a short-term surge.

Final Conclusion:

At the weekly level, ETH is still in a bearish environment, so don't chase the increase near 2550 USD! Unless the weekly volume breaks through the middle track (2221) and stabilizes, any rebound is an opportunity to escape. Short-term support is seen at 2400, with the strongest support at the weekly lower track of 1396 (but it may not reach).