Based on the latest 1-hour candlestick chart data and technical indicators, this article provides a professional analysis of Ethereum (ETH)'s recent trend:

Technical Indicator Interpretation:
Currently, the ETH trading price at 2283.29 is below the middle band of the Bollinger Bands at 2339.35 but still above the lower band at 2208.52. The Bollinger Bands are showing an overall downward trend, with the upper band at 2470.18 continuing to slope downward, indicating that there is still downward pressure in the short term, but the lower band may provide effective support. The MACD indicator shows a DIF value of 42.27 and a DEA value of -40.88; although a red bar has appeared, it remains in the area below the zero axis. It is worth noting that the DIF line is approaching the DEA line, showing signs of a potential golden cross signal. If confirmed, this could trigger a short-term rebound, but it is necessary to maintain a cautious observation attitude for now.

Price Structure and Key Level Analysis:
From the recent trend, ETH dropped sharply after reaching a high of 2569, then found support in the 2216 area and is currently in a low-level consolidation phase. If the MACD golden cross is established and the price can break through the middle band of the Bollinger Bands, a rebound towards the 2340-2400 range may occur; conversely, if the support level of 2216 is lost, it may further dip towards the lower band of the Bollinger Bands near 2208.

Macroeconomic considerations:
It is worth emphasizing that the price performance of Ethereum is closely related to the overall cryptocurrency market and is significantly influenced by the macro policy environment and market sentiment. In the current market atmosphere, which leans bearish, the rebound potential for ETH may be limited; however, if there are positive news such as institutional accumulation or ecosystem development, it is expected to help push the price to break through the current resistance.

Comprehensive assessment:
In the short term, Ethereum is in a phase of low-level oscillation and consolidation, with signs of a rebound attempt appearing in the technical aspects, especially as the MACD may form a golden cross signal worth noting. However, the overall trend still leans weak, and it is recommended to closely monitor the performance of the 2216 support level and the confirmation of the MACD golden cross. If the golden cross forms and the price can return above the middle track, a short-term rebound may be considered; if the support level is broken, the downside risk will increase further. Considering the high volatility characteristics of crypto assets, investors should manage risks based on real-time market news and capital flow conditions.