The ETH morning session rebounded to $2630 but failed to break through with volume, entering a high-level consolidation.
Large sell orders appeared before and after the US market, quickly breaking through the support levels of $2560 and $2500;
The current rebound is encountering resistance around $2485, with a clearly weak structure, and shorts are dominant in the short term.
📉 2. Short-term Technical Indicator Analysis
1. 15min - 1h MACD
MACD death cross confirmed, the histogram can expand into negative territory, short-term momentum is dominated by bears;
If the volume continues to increase, there is still a possibility of further testing $2440 / $2400 in the evening.
2. RSI (1h)
The RSI has fallen to the 35–38 range, indicating a clear short-term bearish trend;
Not yet in oversold territory, but if not quickly fixed, it may approach 30 further (forming an oversold rebound structure).
3. KDJ / StochRSI
KDJ death cross is moving down, J value has dropped below 20, and is forming deep bearish stagnation;
Stoch RSI shows that momentum continues to decline, with no clear bottom signal.
📊 3. Key Technical Level Judgment
Interval
Price Level
Meaning
Current Resistance
$2520–$2580
The first round of rebound resistance after falling below during the day; if it cannot return above, the bearish trend will continue.
Current Support
$2440
EMA100 (4h) + previous structural low; if lost, could look down to $2400 / $2370
Strong Support
$2320–$2350
CME gap area; potential rebound initiation zone
🔮 Evening Trend Analysis and Strategy Suggestions
✅ Trend Analysis:
ETH is currently in a weak pullback cycle, and the evening trend is expected to remain bearish and volatile:
Downward Continuation Logic: If ETH cannot regain $2500 within 1 hour, bears will continue to dominate, and the price may pull back towards the $2440 → $2400 area.
Consolidation Bottoming Logic: If the MACD bars can contract and the price stabilizes in the $2450–2480 range, a slight rebound may occur before tomorrow morning;
Rapid Reversal with Extremely Low Probability: ETH can only retest $2500–$2550 under strong BTC rallies or significant positive stimuli.
🎯 Operation Suggestions:
✅ Short Position Main Logic:
If ETH falls below $2440, you can try to short with a light position, targeting $2400–$2370;
Stop-loss suggestion is set above $2505 (invalidated if it breaks back into the pressure zone).
🚫 Long positions are not advised to blindly bottom fish:
Only consider attempting a short long when the price stabilizes at $2440 and the MACD shows a stop and golden cross;
The real counterattack point may be built in the range of $2320–$2350.
📌 Summary
The market judgment for ETH tonight is: weak oscillation and correction → looking for bottom support area. The strategy should focus on defense and following the trend, avoiding chasing rebounds. If BTC does not show a clear stop of decline, ETH will continue to extend its downward correction pace.
This analysis is for reference only. Market conditions fluctuate wildly in real-time, please strictly control your position and stop-loss.
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🧠 Current ETH trend structure overview
🔻 1. Interpretation of Market Changes
📉 2. Short-term Technical Indicator Analysis
1. 15min - 1h MACD
2. RSI (1h)
3. KDJ / StochRSI
📊 3. Key Technical Level Judgment
🔮 Evening Trend Analysis and Strategy Suggestions
✅ Trend Analysis:
ETH is currently in a weak pullback cycle, and the evening trend is expected to remain bearish and volatile:
🎯 Operation Suggestions:
✅ Short Position Main Logic:
🚫 Long positions are not advised to blindly bottom fish:
📌 Summary
The market judgment for ETH tonight is: weak oscillation and correction → looking for bottom support area. The strategy should focus on defense and following the trend, avoiding chasing rebounds. If BTC does not show a clear stop of decline, ETH will continue to extend its downward correction pace.