Are Ethereum bulls staging a “final stubborn stand”?

After the 1510 low, three pushes toward the bottom—an iron bottom or a paper-thin defense line?
Since the 1839 avalanche, the bearish trend has never truly reversed, but there have been subtle changes in the recent price action.
Prices have repeatedly pulled back to the 1550-1560 area and then been quickly drawn back up, and each subsequent dip has been narrowing in depth—this is a typical signal of resistive bottoming formation.
However, trading volume has kept shrinking to near the lowest levels of the past month, indicating extreme hesitation in the market and no new incremental capital entering; such a low-volume rebound often doesn’t go far.
In terms of strategy, 1550-1600 below is the bulls’ last line of defense—if it breaks, it will open up room to the downside.
1620-1650 above is the short-term testing ground.
Right now, price is in the middle of a range with no clear direction; retail investors are advised to stay cautious.
If you want to participate, be sure to use a small position size, prepare your defenses, and consider reducing exposure near the overhead pressure zone.
As long as the key support below holds, you can try to go long, but if it breaks, you must exit decisively.
The recent chart has been stuck in a sideways chop—you can only trade small ranges. Yesterday’s Ethereum short position continues to be profitable$ETH