$ETH Market Update Ethereum is trading around $2,394.10, with a slight 0.07% gain in the last hour. However, ETH remains down 0.71% over 24 hours and 3.17% over the past 7 days. 📊 24H Volume: $15.10B 💎 Market Cap: $292.11B ⚡ 1H Change: +0.07% ETH is showing a small short-term recovery, but the weekly trend remains under pressure. 👀 Can buyers turn this bounce into a stronger recovery, or will sellers regain control? #GateEventContractChallenge

ETH Strategy and Trading Suggestions Current price: 2396.91, with a slight decline over the past 24 hours. After retreating from its highs, the price has entered a low-level consolidation phase. Market sentiment is dominated by bears, with most capital leaning bearish. On the 4-hour chart, the market has repeatedly oscillated at the bottom and formed a base, while the Bollinger Bands have narrowed and flattened. RSI has fallen to a low level, and the MACD green bars have expanded slightly. Although bearish momentum has been released to some extent, downside momentum has clearly weakened. The broader trend remains in a correction cycle, with the short term mainly focused on a technical recovery. Do not blindly chase short positions at low levels. Wait for a pullback to the 2340‑2385 support zone. Once the hourly chart forms a bottoming and stabilization pattern, the MACD green bars continue to contract, the price stops falling and stabilizes, and support is confirmed, long positions can be opened in batches: Targets: 2410, 2440, 2470#Gate用户突破6000万 $BTC $ETH

BTC Outlook and Trading Suggestions The current price is 77455, with a slight 24-hour gain. After a round of decline, the market has seen a corrective rebound. Market sentiment is currently dominated by bears, with most traders leaning toward a bearish outlook for the subsequent trend. On the 4-hour chart, the price has stabilized and rebounded from a low level, while the Bollinger Bands are narrowing as the market consolidates. The RSI is recovering upward from the oversold zone, and the MACD green bars are gradually shrinking, indicating that bearish momentum has been released. However, downward pressure on the larger timeframe has not been fully relieved. The short term is mainly focused on range-bound bottom formation, so blindly chasing shorts is not advisable. Wait for a pullback into the 76700‑77200 support zone. Once the hourly chart forms a bottoming and stabilization candlestick, the MACD green bars contract and recover, and the price stops falling and holds steady, the support can be confirmed as valid, after which long positions can be established in batches: Targets: 77700, 78200, 79000#Gate用户突破6000万 $BTC $ETH