During the early hours, Ethereum once again pressed down around 2310 and weakened, with the price sliding in a one-way move; at one point, it even touched near 2280. Although the downward move later slowed down, there was almost no rebound momentum—currently it is only barely back around 2285, and the “repair” condition is extremely exhausted.



From a technical structure perspective, the 2310 area has already become a strong resistance for the short term. Multiple attempts to push higher were quickly pushed back, indicating that selling pressure near this level remains dense and that the bulls lack the willingness to break through. The temporary stabilizing at 2280 is more driven by the psychological anchoring effect of the round-number level; on the chart, there are no clear signs of capital taking over, and the rebound lacks an endogenous driving force.

Looking at the hourly chart, the candlestick bodies are generally small, and the price focus is still suppressed in the lower region. The moving averages have started to diverge downward, and a bearish positioning structure is beginning to take shape. Each time there is a small rebound/relief bounce, it quickly ends in resistance; the “repair” looks more like consolidation while the decline is underway rather than a sign of a trend reversal. Once the 2280 support is effectively broken, the market will most likely accelerate downward, directly looking toward the 2250 and 2200 levels.

At present, the bears still firmly control the pace of the market, and short-term repair lacks strength and confidence support. In terms of trading, continue to maintain the idea of shorting on rallies, using 2310 above as the defense zone. Focus on the follow-through opportunity after a break of 2280, with the target area watching 2250–2200. #比特币跌破8万美元 $BTC $ETH
BTC-1.51%
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