📊 2026-02-15 ETH Technical Analysis (As of 08:10)

Current Price: Approximately 2,090 USDT (following BTC oversold rebound)

1. Short-term (1–4 hours)

- Trend: Weak rebound from lows, 2,050 is the short-term support/resistance boundary
- Support: 2,050 → 2,000 → 1,950 (strong)
- Resistance: 2,150 → 2,220 → 2,300 (dense trapped positions)
- Indicators: RSI around 32, exiting oversold but still weak; MACD shows a bullish crossover below zero line, rebound momentum limited

2. Daily Level

- Trend: Bearish dominance, price below MA5/10/20/50/200, moving averages in a bearish alignment
- Oversold Signal: RSI once touched 17 (historical low), strong rebound demand but heavy selling pressure
- Key Support: 1,950 → 1,800 (strong psychological level); breaking below 1,800 could accelerate downward movement
- Resistance: 2,300 → 2,500 → 2,700 (medium-term strong resistance)

3. Key Price Levels (Intraday)

- Long Entry: Light long positions around 2,050, add more at 2,000, stop loss at 1,970, target 2,150 → 2,220
- Short Entry: Attempt short around 2,220, stop loss at 2,300, target 2,050 → 2,000
- Breakout Risk: If below 2,000, watch 1,950; only if above 2,300 can the medium-term bearish trend be alleviated

4. Funds and Correlation

- Open contracts worth about 12 billion USD, fierce battle between bulls and bears
- Weak willingness to bottom fish on-chain, insufficient active buying
- Highly correlated with BTC, rebound elasticity weaker than BTC

5. Trading Strategy (Intraday)

- Focus on oscillation and bottoming, mainly long on dips, short on rallies
- Strict position control, set stop losses, avoid chasing highs, reduce positions gradually during rebounds