## ETH Latest Analysis and Strategy

After a short-term dip near the morning, Ethereum moved into a modest rebound. However, this upswing does not have the foundation for a reversal. There are three core reasons:

1. When the market pushed higher and formed a phase high earlier, the buying demand had already been fully consumed. Upward driving force ran out ahead of time, and overhead trapped-position supply along with selling pressure created a solid ceiling. There is no capital support to sustain a further push higher.

2. During the short-term upward movement on the K-line, clear pressure signals are evident. The slopes of the supporting technical indicators continue to flatten, and bullish follow-through/absorption is weak. Even a small rise is unlikely to develop into a sustained uptrend.

3. The overall downward channel remains fully intact. This rebound is only a corrective move within the ongoing decline. Once the short-term bullish momentum is fully released, the previously accumulated short-side energy will be concentratedly released again, and the market will return to the main theme of fluctuating pullback and retreat.

### Trading Strategy
On a rebound to the **1630-1645** zone, go short. Targets: **1600-1580-1550#非农数据倒计时 $ETH **