Today's Public Analysis (ETH Thursday)



I. Today's ETH Overall Trend
Short-term bears are still in control. The current rebound is merely a minor correction during the downtrend, with no real reversal or strengthening signals.

II. Technical Analysis for Bearish Case
• Daily Level
After falling from highs, the trend has remained weak overall with moving averages providing downward pressure; MACD bearish signals are evident, rebounds consistently fail to break key resistance levels, and upside momentum is basically absent.

• 4-Hour Level
Price action is trapped in a downtrend channel with price repeatedly suppressed by moving averages; each rebound is weaker than the last, falling back immediately upon touching resistance, appearing more like a false rebound designed to lure long positions.
• Volume Structure
Selling pressure comes with volume during declines, but rebounds lack supporting volume; without fresh capital entry, rebounds struggle to sustain, and the bearish trend remains unchanged.

ETH: Rebound from 2170 to 2190 can head south
First Target: Around 2130
Second Target: 2100 (Cautious) #Gate正式接入Polymarket $ETH
ETH-0,64%
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