ETH medium-term bearish, short-term weak rebound. **EMA four-line bearish cascade + death cross + ETF 30-day outflow of $1.05 billion, trend clearly bearish. 1H level MACD golden cross has a rebound, but 15-minute RSI has reached 77 (overbought), the rebound is likely to be blocked and pull back at **$1,695-$1,700**.



**Key Today**:
- Above **$1,695** is the bull-bear boundary (1H 200EMA), break above looks for rebound, blocked looks bearish
- Below **$1,628** is intraday support, break below accelerates towards $1,600→$1,582
- ⚠️ A dormant 7-year whale sold 27,585 ETH today at an average price of $1,625, a bearish signal of long-term holders exiting

> ⚠️ The above is for technical analysis reference only and does not constitute investment advice. Current fear index is 12, the market is extremely fragile, strictly control positions and stop-loss.
ETH-4.92%
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