Nighttime Advantage #ETH


1. Downtrend Confirmation: Since falling from the 2423 high point, the price has been trading below the MA30 moving average, and the rebound has never broken through the moving average resistance, indicating a standard bearish trend.

2. Rebound Momentum Fading: The rebound around 2264 shows significantly decreased volume compared to the decline, suggesting that bullish funds are unwilling to enter, and the rebound is merely a technical correction rather than a trend reversal.

3. Bears Still Dominant: The moving averages continue to diverge downward, and the price remains suppressed by the moving averages, indicating that bearish forces still dominate the market, and the rebound is just to facilitate further decline.
ETH1.5%
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