Rebound hits resistance at 2400! The Iran–Trump Strait of Hormuz farce is coming, and there’s a potential breakout in the one-hour high-altitude window!


Once geopolitical risk flares up, the bulls have to kneel.
News confirms: Iran’s military equipment unit has warned U.S. troops not to enter the Strait of Hormuz; Trump says he will guide stranded vessels to withdraw starting Monday. Geopolitical tensions intensify, risk assets come under pressure, and ETH is hard to stay unaffected.
ETH is in a technical rebound within a short-term downtrend on the 1-hour chart. It has reached the strong resistance zone of 2389-2420; momentum is clearly weakening. The MACD is about to form a death cross just above the zero line—classic for a high-altitude window.
Technical breakdown: Today, the BOLL upper band was tested multiple times and rejected, forming a combination of long upper shadows and small bearish candles, with the focus shifting downward. MACD DIF/DEA are extremely stuck together, and a death cross is imminent. Trading volume has shrunk severely—without volume, a rebound with no follow-through is hard to sustain.
Public sentiment: A large amount of sell orders are stacked above 2400; retail chasing the rally is just buying the bag.
Retail trading strategy:
Short: Enter at 2365-2380, target 2320-2300.
Long: 2309 is the support—take a small position to trade on/for $ETH #比特币站稳8万关口
ETH-0.3%
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