$ETH Academician in the Coin Circle: Is Ethereum (ETH) 7.5 Current Rebound a Trap to Lure Buyers or a Reversal? Latest Market Analysis Reference

Ethereum’s current price is 1790—don’t call it a bull market just because it’s bouncing up. The overall daily trend still leans bearish. The layered moving-average resistance above is there, and every step forward is very difficult. For short-term trades, move fast in and out—don’t get carried away or change your stance. Keep your stop loss in place; it matters more than anything else. After all, market sentiment is unstable—one news-driven swing can knock the rebound right back to where it started. Stay calm and don’t be greedy.

The daily K-line is currently trading above the EMA15 at 1674, but it is still being restrained by medium-term moving averages such as EMA30/60. Overall, it is in a recovery phase after a downtrend. The MACD indicator shows DIF crossing above DEA; the green histogram turns red, and the downward momentum has weakened somewhat. However, the volume of the red histogram is still weak, and no strong “upward” confirmation has formed yet. The Bollinger Band middle line continues to slope downward. The price has just broken above the area around the middle line near 1677. The upper band at 1838 forms short-term resistance, while the support below at 1503 is a strong support level.

The 4-hour K-line has played out a rebound wave. The price has held above the EMA15/30 short-term moving averages, and the moving averages have turned upward, forming a short-term “uptrend alignment.” The MACD indicator’s red histogram continues to expand; DIF is running above the zero axis, meaning upward momentum is still being released, and the short-term outlook is relatively strong. The Bollinger Bands are opening upward, and price is moving near the upper band. Short-term overbought signals are just beginning to appear, so be alert to the risk of a pullback. The key resistance above is the Fibonacci 23.6% level at 1730. Support below is at the EMA30 moving average at 1689.

Short-term reference:

If price does not break down below 1750 to 1700, go long. Stop loss: 1660. Targets: 1820 to 1870.

If price does not break down from 1850 to 1880, go short. Stop loss: 1910. Targets: 1800 to 1750.

Specific actions should be based on real-time order book data. For more information, you can check the author’s updates. There may be a delay in article publication. The suggestions are for reference only—risk is borne by you ‌#预测世界杯巴西VS挪威