📣2/2 Ethereum Trend Detailed Analysis and Steady Operation Recommendations:
The four-hour chart for Ethereum shows a weak consolidation, with a bearish dominance pattern. The price fluctuates around $2,200, with clear key support below and resistance above. Technical indicators indicate that bearish momentum has not been fully released but show signs of oversold correction. Current price: approximately $2,277, oscillating above the previous key support zone ($2,150-$2,200). After touching a low of $2,163, it rebounded slightly, forming a typical bearish structure of "lower lows and lower highs." The rebound momentum is weak, and on the hourly chart, it shows a "no support" type decline.
Analyzing the four-hour Ethereum price trend, candlestick patterns: the daily chart shows recent continuous decline, forming a large bearish candle followed by a slight rebound, but overall still weak. In the 4-hour cycle, candlesticks show a rebound trend with clear resistance above, with selling pressure near the previous high of around $2,319. MACD: both daily and 4-hour are below the zero line, bearish momentum is weakening but not fully gone, with signs of short-term recovery. RSI: the 4-hour RSI has gradually risen from oversold territory to 24.13, still not in a strong zone, indicating a weak trend. EMA: current price is below EMA7 (2304.29) and well below EMA30 (2562.18), indicating short-term pressure, with a bearish outlook in the medium to long term.
Key support: $2,150-$2,200 as the short-term core support. If broken with increased volume, the next target is the psychological level of $2,000. $2,100-$2,150 is a secondary support zone, representing a densely packed area of previous positions and emotional battlegrounds.
Key resistance: short-term resistance focuses on $2,300-$2,350, with $2,307 as the dividing line for a rebound. Breaking through this level could test the strong resistance zone of $2,400-$2,470. It will be very difficult to break above $2,470.
2/2 Short-term Steady Operation Strategy:
Shorting idea: suggest a light position short at $2,300-$2,280, with a stop-loss above $2,400. The initial target is $2,250-$2,200; if broken, then aim for $2,150.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
📣2/2 Ethereum Trend Detailed Analysis and Steady Operation Recommendations:
The four-hour chart for Ethereum shows a weak consolidation, with a bearish dominance pattern. The price fluctuates around $2,200, with clear key support below and resistance above. Technical indicators indicate that bearish momentum has not been fully released but show signs of oversold correction. Current price: approximately $2,277, oscillating above the previous key support zone ($2,150-$2,200). After touching a low of $2,163, it rebounded slightly, forming a typical bearish structure of "lower lows and lower highs." The rebound momentum is weak, and on the hourly chart, it shows a "no support" type decline.
Analyzing the four-hour Ethereum price trend, candlestick patterns: the daily chart shows recent continuous decline, forming a large bearish candle followed by a slight rebound, but overall still weak. In the 4-hour cycle, candlesticks show a rebound trend with clear resistance above, with selling pressure near the previous high of around $2,319. MACD: both daily and 4-hour are below the zero line, bearish momentum is weakening but not fully gone, with signs of short-term recovery. RSI: the 4-hour RSI has gradually risen from oversold territory to 24.13, still not in a strong zone, indicating a weak trend. EMA: current price is below EMA7 (2304.29) and well below EMA30 (2562.18), indicating short-term pressure, with a bearish outlook in the medium to long term.
Key support: $2,150-$2,200 as the short-term core support. If broken with increased volume, the next target is the psychological level of $2,000. $2,100-$2,150 is a secondary support zone, representing a densely packed area of previous positions and emotional battlegrounds.
Key resistance: short-term resistance focuses on $2,300-$2,350, with $2,307 as the dividing line for a rebound. Breaking through this level could test the strong resistance zone of $2,400-$2,470. It will be very difficult to break above $2,470.
2/2 Short-term Steady Operation Strategy:
Shorting idea: suggest a light position short at $2,300-$2,280, with a stop-loss above $2,400. The initial target is $2,250-$2,200; if broken, then aim for $2,150.
This strategy is time-sensitive. Implementation is mainly based on free guidance!$BTC $ETH #加密市场回调 #ETH承压期 #加密市场观察 #BTC跌破关键位 #大户动向观察