2-25 Midday Viewpoints

Currently, ETH has rebounded to around 1900 but is facing resistance and consolidating with oscillations. The price is repeatedly tugging around the middle band of the Bollinger Bands. Although a short-term rebound has been achieved from low levels, selling pressure above is gradually emerging, and the momentum of the rebound is slowing down. From a structural perspective, the market has entered a consolidation phase after the rebound, with bulls and bears re-engaging, and no clear trend continuation has formed yet.

BOLL:
Upper band around 2001, middle band around 1869, lower band around 1805.
The Bollinger Bands are beginning to narrow, with the middle band flattening. The price is oscillating above the middle band, indicating that the short-term structure is shifting from weak to stable. If the price continues to stay above the middle band, the rebound structure remains intact; if it falls back below the middle band, the market will revert to weak consolidation.

MACD:
Operating near the zero line, with the red histogram slightly decreasing in volume. DIF and DEA are closely aligned at high levels, indicating that bullish momentum is weakening and the short-term is entering a correction phase. Currently, it is a consolidation period after the rebound, awaiting a new volume expansion to determine the next direction.

Long position strategy (buy on dip)
Entry zone: 1870 – 1850
Target zone: 1920 – 1950
Stop-loss: below 1830

Short position strategy (defense during rebound)
Entry zone: 1945 – 1965
Target zone: 1880 – 1850
Stop-loss: above 1985

Currently, ETH is in a consolidation phase after the rebound, and the short-term direction has not been fully confirmed. In trading, avoid chasing the market or panic selling. Focus on the Bollinger middle band. If the price stays above the middle band, maintain a bullish outlook; if it falls below, the trend shifts to weak. Keep a light position and trade with the trend.
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