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Ethereum's current weak structure is basically formed, with overall momentum remaining downward bias.
From the daily chart perspective, consecutive closes below previous levels with obvious volume expansion in the real body. The bearish dominance is gradually established, and the price center of gravity continues to shift lower. In the four-hour cycle, multiple large bearish candles have declined and broken through the midline, with the Bollinger Bands in a contracting state, indicating that the market is still incubating further directional choices, but currently leans more toward downward space release.
Regarding the attached indicators, multiple momentum indicators are simultaneously diverging downward with clear bearish arrangement; the hourly chart shows insufficient rebound strength, with each upswing lacking continuity—a typical weak correction structure.
Comprehensively, before the overall downward bias is broken, trading should primarily focus on selling into rallies.
Intraday attention should be on the upper 2210-2230 zone for pressure, where short positions can be strategically established, with targets at the 2150-2100 range. #Gate13周年全球庆典 $ETH