#BTCBottomAt66000 Support is around 1847.8, but buyers aren’t holding the bounce: There are many buy orders near $1847.8 (a “support” zone). However, when price briefly rebounded to $1849, it pulled back quickly, suggesting buyers don’t have strong follow-through.

 
Short-term momentum is not convincing (1H MACD + RSI): A 1-hour MACD golden cross is usually a bullish sign, but the comment says it didn’t sustain, meaning the bullish momentum faded fast. An RSI of 46 is below the midpoint (50), which often reflects neutral-to-slightly-bearish strength rather than a strong uptrend.
 
A major resistance level is far above (4H Bollinger mid-band at 1933): On the 4-hour chart, the Bollinger middle band at 1933 is acting like a ceiling. That implies even if ETH rebounds, it may struggle to push much higher before hitting heavy selling pressure.
 
Order book looks bullish, but price action disagrees (buy depth 78%): A 78% buy depth ratio suggests more buy liquidity than sell liquidity. But since price is still falling, the analyst doubts whether that buy support is “real” or strong enough—large sellers may be overwhelming it, or the bids may be pulled