$ETH Ethereum surged to 2526 and got knocked back down. It’s at 2410 now, hovering around the lower Bollinger Band at 2405–2413.

This move fell from a high of 2804, then fizzled out after bouncing to around 2520—a classic weak rebound.

Take a look at the market: on the 2-hour chart, EMA15 is at 2450 and EMA120 at 2454, both acting as overhead resistance. The MACD histogram is at -17.95, and the death cross hasn’t recovered yet. This rebound has no real strength behind it.

The 15-minute chart is even worse: a low-volume, gradual decline, with every push up quickly turning back down. My view: there’s a high chance of a retest of the previous low around 2313–2327. This is where we can prepare to go long again.

For intraday trading, if price rebounds to the 2450–2454 resistance zone and can’t break through, you can still short, with a stop-loss at 2465. First watch 2400 and 2391 below; if those break, look to the previous low.

Don’t rush to buy the dip at 2410. There’s no signal yet, so keep your hands off. Aggressive traders can try it; more cautious traders should wait until near the previous low before going long.
#ETH走势分析