9.2 ETH $ETH Entry: Short around 2415-2430, stop-loss at 2451, targets 2380-2350-2300 The 2420-2430 area was a range-bound support zone that had been repeatedly tested previously, as well as the core support level of the purple moving average. It has now been decisively broken to the downside. According to the basic logic of technical analysis, once a support level is broken, it reverses into strong resistance. The trapped positions accumulated above will suppress every rebound; if the price cannot reclaim it, the bearish trend will continue. BTC has already broken below a key support level first, opening up further downside. ETH has historically had a strong tendency to follow BTC lower, and in an environment where the broader market is weakening, it will be difficult for ETH to stage an independent rebound. The broader market and individual tokens are forming bearish resonance, further increasing the probability and potential extent of the decline. #布伦特原油上涨5.7%

9.2 Market Conditions Analysis ETH Silk Road Reference Layout Rebound range: around 2385--2400 (duo) Zhisun: 2360 First target: 2440, second target: 2480 The price rapidly plunged earlier, hitting a low of 2381, and an oversold signal appeared. In the short term, a corrective rebound following the oversold decline is needed; the current market is consolidating at low levels, awaiting a pullback to support before positioning for a rebound upward.#Gate用户突破6000万 #布伦特原油上涨5.7% #Strategy增持4603枚BTC $BTC $ETH

9.2$ETH Today's Silk Road Market update: After surging to a high of 2427, the price quickly plunged to the current 2395.23, breaking below the key support at 2417.46. This is a pullback and shakeout. The bearish MACD histogram on the hourly chart has not continued to expand, and signs of momentum exhaustion have emerged after the decline. The support zone below still needs to be tested for its ability to hold, while a short-term oversold recovery bounce may be possible. Entry: Test a small long position if the hourly K-line around 2395 shows a bottoming signal on the pullback Stop loss: 2374 First target: 2425‑2427 Second target: Around 2465 Final target: 2495