Ethereum's current trend still hasn't broken free from the weak structure.

On the 1-hour level, the resistance above remains clear. The 2115-2150 range has accumulated significant locked-in positions, and this is also a critical bulls-bears dividing area for short-term trading, making it difficult to break through easily.

From a technical perspective, the 1-hour MACD hasn't given a clear bottom divergence signal, indicating that short-term conditions aren't yet ripe for a strong reversal.
On the 4-hour chart, although MACD volume bars show some divergence due to volume contraction and decline, reflecting weakening bearish momentum, this is mainly just a slowdown in the downtrend pace and cannot be interpreted as a trend reversal at this time.

The core right now is that prices are still running within the downtrend channel.
Before the trend is broken, trading strategy should focus mainly on shorting opportunities after bounce rejections, which is more reliable than front-running a reversal.

For precise levels, check the top of homepage.
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