The storm is coming! ETH broke through the key resistance at the high point of 2607 last night, but quickly fell back to around 2520, resembling the bewilderment of an arrow released from its bow. In-depth on-chain data shows that long positions in the futures market have significantly decreased, while whale addresses are quietly accumulating, suggesting that short-term pressure risks are amplifying.
Bollinger Bands: The upper band at 2600 has become a dull ceiling, while the lower band at 2480 is approaching a support test.
EMA/MA: 7EMA ≈ 2540 and 30EMA ≈ 2550 have both retreated, with multiple indicators showing a bearish arrangement.
MACD: The fast line crosses below the slow line, with the red bars continuing to expand, indicating strong bearish momentum.
Short-term pullback target: Looking towards the 2500–2510 area for support below the 7EMA.
Rebound resistance level: The probability of failing to test pressure again near 2600 is as high as 70%.
Bearish layout: If it rises again without breaking 2600, a light short can be placed in the 2580–2590 range, with a stop loss set at 2605, targeting 2520, with a win rate of about 65%.
Low long attention: If a sharp drop touches 2500–2510, consider a small long position, with a stop loss at 2490, targeting a bounce back to 2550.
Every rebound between 2480 and 2600 could be a watershed moment for a new trend. Want to lock in the best entry point at the first moment? Follow me and leave a message to get on board! In-depth analysis strategies + real-time on-chain monitoring will give you confidence in every move you make!
