ETH Sharp Drop Warning! The daily bearish engulfing breaks the trendline, the TD9 cycle “curse” returns again—market momentum officially shifts from long to short!



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Full-Dimension Market Analysis

ETH weekly faces clear long-term pressure. The 2460 needle-tip high, together with the Bollinger Band middle band and the daily Vegas channel, creates multiple overlapping “resonances” that suppress price, preventing an effective breakout of the blockade. Only if price strongly holds above this resistance can upside space open, aiming to challenge the key resistance zone of 2570-2600.

With the combined effects of strong pressure at high levels and the TD9 cycle reversal signal, the risk of a pullback has surged sharply.
The daily chart closes on a high-volume strong bearish candle, decisively breaking through the uptrend line, while simultaneously forming a bearish triangle consolidation structure. Once the key intraday support at 2267 is effectively broken, the downside pace will accelerate across the board.

For the Fibonacci supports below, watch them in sequence: 2200, 2140, 2050—layer by layer, they will be tested as support holds.

Short-term execution ideas are clear:
After relying on the 2267 intraday support for a small rebound, closely monitor the dense trading/consolidation area of traded volume and the high-pressure range on the liquidation map at 2318-2350. If the rebound is met with selling pressure, build short positions in batches following the trend, and capture the pullback opportunity.

#WCTC交易王PK
ETH0.3%
BTC-0.67%
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