H/USDT 15-Minute Chart Brief Summary:



Current phase is not the bottom—it's merely a rebound stage from a low level. A reversal has not been confirmed yet.

Core conclusions:

- Short-term: rebounded from the 1,547 low to 1,599 (+1.02%), showing a bullish-candle repair. The MACD histogram bars are narrowing, indicating short-term rebound momentum.
- Mid-term: still within a larger-scale downward channel (SuperTrend remains bearish, EMA20 is suppressing price). It has not broken above the key resistance of 1,609-1,610.
- Bottom confirmation conditions (not met at present):
- Effectively hold steady and break through the 1,609-1,635 area with increased volume
- MACD completes a low-level golden cross + the histogram turns positive
- Recapture SuperTrend (1,635.93)

Risk warning:

- If price encounters resistance and pulls back near 1,600, it may retest 1,570 → 1,547, or even lower.
- This is a bear-market rebound, not a trend reversal; chasing after gains carries high risk.

Trading advice:
Primarily stay on the sidelines: or take a small long position around 1,570-1,580, and set a strict stop-loss below 1,560.
Wait for a high-volume confirmation above 1,609 before considering adding to your position.

$ETH $ETH
ETH0.64%
View Original
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned