ETH's recent 15-minute and daily charts are already quite clear; short-term weak recovery, but the daily remains under bearish pressure.


Looking at the 15-minute level:
After the spike at 1965, there was a rebound, but the rebound strength was moderate, with significant selling pressure above 2000.
Currently, the price is being suppressed by moving averages, with higher rebounds getting lower, indicating a standard weak oscillation.
Above on the heat map, there is a lot of liquidity stacked around 2020-2050, with obvious market makers waiting for liquidity to enter before closing positions.
Below, the core support remains at 1980-1960; once broken, it could easily continue to test previous lows.
Looking at the daily chart:
The larger cycle has fallen from 4750, and the overall structure has not truly reversed.
Although it has been sideways in recent months, it looks more like a correction within a downtrend rather than a new upward move.
The daily Bollinger Bands are starting to tighten, indicating a potential trend change, but the price is still below the middle band, so the bears still hold the advantage.
Around 2100 is a strong resistance on the daily chart; without volume, a direct breakout is unlikely.
The current rhythm is very similar to:
Daytime sideways consolidation frustrating traders, with sudden spikes at night to sweep leverage.
Short-term focus:
Watch above at 2020 → 2050 for resistance
Below, support at 1980 → 1960
Breaking below 1960 could lead to further testing of lower liquidity zones.
Re-establishing above 2050 would strengthen short-term sentiment.
"15-minute weak rebound, daily still bearish.
Above 2000 is full of trapped positions, and market makers just need a slight push to trigger sell-offs.
It now looks more like sideways waiting for liquidity, with likely more action at night.
Until volume confirms a move above 2050, don’t get overly bullish on a big rally."#操作
ETH0.55%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
BulBG
· 05-29 05:53
To The Moon 🌕
Reply0
  • Pinned