📅 2026-02-13 ETH Technical Analysis + Trading Strategy (Midday Update)

Current Price: approximately $1,940–1,960, bearish dominance, oversold weak rebound, declining volume

📉 Daily Level (Trend Judgment)

- Moving Averages: Price below 5/10/20/50-day moving averages, moving averages diverging downward, clear bearish trend
- RSI: around 32–34, approaching oversold, rebound needed but not reversed
- MACD: below zero line, green bars narrowing, selling pressure weakening but not turning bullish
- Structure: Continuous Lower High/Lower Low, no clear sign of bottoming out
- Volume: decreasing volume during rebound, bullish momentum insufficient

⏱ 4-hour / Hourly Level (Short-term Rhythm)

- Bollinger Bands: Price near lower band, rebound constrained by middle band (around $1,970)
- 4-hour RSI: turning at low levels, oversold rebound with limited strength
- Hourly Chart: rebound encountering resistance, bears still in control

🎯 Key Price Levels (ETH/USD)

- Resistance (for short positions)
- First: $1,950–1,960 (short-term strong resistance)
- Second: $1,990–2,010 (core resistance zone)
- Strong Resistance: $2,030 (structure reversal point)
- Support (for long positions / defense)
- First: $1,900–1,910 (short-term strong support)
- Second: $1,880 (key defense level)
- Strong Support: $1,820 (flash crash low on February 6)

🧠 Today’s Strategy (February 13)

- Short-term (1–3 days): oversold weak rebound, mainly high short positions, light short-term longs as supplement
- ✅ High Short (Priority): Light short positions on rebound to $1,950–1,960, stop-loss at $1,980, target $1,920→$1,900
- ✅ Short-term Long (Auxiliary): Light short-term longs on pullback to $1,900–1,910, stop-loss at $1,880, target $1,940→$1,960
- ✅ Chase Shorts (Breakout): Short below $1,880, target $1,850→$1,820
- Mid-term (1–2 weeks): Bearish trend unchanged, only a break above $2,030 could reverse the structure
- Risk Management: Light positions (≤20%), with stop-loss; advisable to wait or hold light positions before tonight’s CPI release

⚠️ Risk Warning

- Fed hawkish expectations, strong dollar, obvious macro pressure
- Oversold rebounds prone to repeated reversals, high risk in chasing highs
- Breaking below $1,820 could open deeper correction space
$ETH