ETH 4H Market Analysis｜Short-term remains bearish; watch the 1828 life-or-death level
On the 4-hour timeframe, ETH is still maintaining a range-bound and bearish structure.
From the price action, the recent highs keep lowering, and price has moved back below the EMA9. Although the bearish momentum of the MACD has weakened, it has not formed a true bullish signal. Overall, the走势 looks more like it is waiting for the next directional break.
📍 Key support:
1828 → 1815 → 1790
📍 Key resistance:
1860 → 1900 → 1930
At the moment, I’m more inclined to believe that 1828 is the most important boundary level for the short term.
If the 4-hour body breaks below 1828, ETH will most likely continue to pull back to 1815, and even test the 1790 area to find new support.
Only if it reclaims 1860 and breaks above 1900 with increased volume will the market have a chance to retest 1930 and further open up upside room.
My trading view
📉 Short-term bearish—don’t chase longs.
Before ETH re-establishes itself above 1860, I’d rather wait for opportunities at lower levels than chase price at the current position.
The path with the highest probability I see right now is:
1833 → 1815 → 1790 → 1850
What the market truly needs to focus on isn’t every individual candlestick, but whether 1828 can hold.
Patience at key levels is more important than trading too frequently.
The above is only my personal trading opinion and does not constitute any investment advice.$ETH
On the 4-hour timeframe, ETH is still maintaining a range-bound and bearish structure.
From the price action, the recent highs keep lowering, and price has moved back below the EMA9. Although the bearish momentum of the MACD has weakened, it has not formed a true bullish signal. Overall, the走势 looks more like it is waiting for the next directional break.
📍 Key support:
1828 → 1815 → 1790
📍 Key resistance:
1860 → 1900 → 1930
At the moment, I’m more inclined to believe that 1828 is the most important boundary level for the short term.
If the 4-hour body breaks below 1828, ETH will most likely continue to pull back to 1815, and even test the 1790 area to find new support.
Only if it reclaims 1860 and breaks above 1900 with increased volume will the market have a chance to retest 1930 and further open up upside room.
My trading view
📉 Short-term bearish—don’t chase longs.
Before ETH re-establishes itself above 1860, I’d rather wait for opportunities at lower levels than chase price at the current position.
The path with the highest probability I see right now is:
1833 → 1815 → 1790 → 1850
What the market truly needs to focus on isn’t every individual candlestick, but whether 1828 can hold.
Patience at key levels is more important than trading too frequently.
The above is only my personal trading opinion and does not constitute any investment advice.$ETH
