#ETH Intraday Analysis

1️⃣ Structure Analysis:
During the overall market attempt to stabilize, ETH's rebound magnitude and sustainability are relatively weak, and the structure still does not show signs of an independent trend. The current movement resembles a passive consolidation within a weak zone rather than a reversal after a decline. Once the price approaches the key resistance area above, selling pressure quickly emerges, limiting the rebound height.

2️⃣ Capital Flow & On-Chain & Exchange Dynamics
Insufficient capital preference:
In the phase of declining risk appetite, the willingness to allocate to ETH is clearly low, with funds preferring to avoid high-volatility assets first. Ecosystem sentiment remains cold:
Currently, there are no significant ecosystem-level positive news to boost market confidence, and the weak sentiment in some sectors continues to drag down ETH performance. Relative Strength Structure:
The ETH/BTC ratio remains in a low consolidation zone, with no obvious signs of capital inflow.

3️⃣ Intraday Trading Ideas for Weak Assets, Only Short Positions with Limited Size.
Until ETH re-establishes and stabilizes above 3030, it is not recommended to view any rebound as a trend reversal.
On the 1-hour chart, the trend is bearish.
Next, observe whether the support zone below can hold. If a bullish signal appears, consider attempting a long position in this area.
If the rebound reaches the upper resistance zone and shows a clear weakening structure, consider shorting with the trend, but position size must be strictly controlled.
If a rapid decline occurs, be alert to emotional selling, but avoid blindly bottom-fishing; instead, consider reducing short positions.

4️⃣ Risk Warning
High volatility risk: ETH's high volatility can amplify downward moves during weak phases.
Correlation downside risk: If BTC experiences a rapid correction, ETH often falls even faster and deeper.
False rebound risk: Rebounds in a weak environment are prone to failure, with high risk of chasing the top.

【For reference only, not investment advice】