Ethereum is currently at 1630. The big daily downward setup is right in front of you—don’t hold fantasies about guessing the major bottom. The short-term rebound looks encouraging, but in reality it’s just providing better entry prices for the further decline. If you’re holding spot, keep your mindset steady: bottom consolidation and range-bound grinding require time—go for staged buying with gradual DCA. If you trade futures, you must remember that stop-loss is the lifeline; the logic of small losses and big wins is what sustains long-term profitability. The market isn’t short of opportunities; what’s missing is people who can stick to discipline and clearly see the trend. Waiting out patience for the best entry point is far more reliable than constantly flipping positions back and forth.

Overall, the daily K-line is in a deep downtrend. Price remains firmly under all moving averages, with the entire MA system under heavy pressure. The 15/30/60-day moving averages are all fanning downward, forming a strong suppression zone. The full Fibonacci down-leg has completed the 100% position, with temporary support above 1383. The first resistance above is at the 78.6% level, 2148. The daily MACD remains in a dead cross; the DIF and DEA lines continue moving downward, and the sell volume has not shown any obvious contraction. The Bollinger Bands are opening downward; price is running close to the lower band. On the higher timeframe, there are no signs of a reversal in the downtrend—at this stage, any rebound can only be defined as repair within the decline. The big-picture direction remains dominated by the downward trend.

On the 4-hour K-line, in the short term there has been a modest rebound repair after the low at 1503. Price has moved above the 15-day moving average at 1656, but the 30/60/90 medium- and long-term moving averages are still pressing down, limiting the rebound space. The Fibonacci 0%-23.6% resistance level at 1730 is the first hurdle; only after breaking through can you look toward resistance around 1870. The 4-hour MACD shows a golden cross, with bullish bars moving upward with volume expansion—there is short-term rebound momentum. The Bollinger Bands are tightening, and price is oscillating below the middle band. This is a technical bounce after oversold conditions, not a trend reversal. Once the rebound touches the overhead moving-average resistance, the sell pressure during the down move can easily push prices back down again.

Short-term reference:

From 1720 to 1750 downward; stop-loss at 1800; targets 1650 to 1550

From 1600 to 1550 upward; stop-loss at 1500; targets 1650 to 1720

Specific actions should be based on real-time order-book data. For more information, please refer to the author. The article has publishing delays; the suggestions are for reference only—risk is your own responsibility ‌#成长值抽奖赢金条

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