📉ETH’s early-morning near-miss V-reversal! Don’t assume the drop is over just because it bottoms.
In the early hours, Ethereum plunged from 2466 all the way down to a low of 2357, then quickly rebounded back to around 2400.
On the surface, it looks like a bottoming bounce—but in reality, the bears still control the market.
⚠️ Key reminder:
The prior support zone of 2380–2400 has already flipped into a resistance area. During the selloff, volume expanded; during the rebound, volume shrank. Bullish follow-through is seriously lacking. The moving averages are in a bearish alignment, and the rebound can easily get capped by short-term moving averages.
Next, keep a close eye on the 2400–2430 level!
If it can’t break through, the bear-market move is likely to continue, with another retest of the 2357 low. If that fails, attention shifts toward 2320–2300. Only if price can hold above 2450 on strong volume should the bearish outlook be paused.
❗Right now, don’t rush into “bottom fishing” to bet on a reversal. After a sharp drop, spike-and-rebound traps are common—stay disciplined and control your position size.
👉 Do you think this rebound can break through 2430?
Like 👍 and follow for real-time chart-watching and sharing key signals.
⚠️ Just market chatter! #ETH走势分析 #以太坊合约 #美联储加息是否已成定局 #比特币跌至7.6万美元 #贝森特支持CLARITY法案终稿 $ETH $BTC $BNB
In the early hours, Ethereum plunged from 2466 all the way down to a low of 2357, then quickly rebounded back to around 2400.
On the surface, it looks like a bottoming bounce—but in reality, the bears still control the market.
⚠️ Key reminder:
The prior support zone of 2380–2400 has already flipped into a resistance area. During the selloff, volume expanded; during the rebound, volume shrank. Bullish follow-through is seriously lacking. The moving averages are in a bearish alignment, and the rebound can easily get capped by short-term moving averages.
Next, keep a close eye on the 2400–2430 level!
If it can’t break through, the bear-market move is likely to continue, with another retest of the 2357 low. If that fails, attention shifts toward 2320–2300. Only if price can hold above 2450 on strong volume should the bearish outlook be paused.
❗Right now, don’t rush into “bottom fishing” to bet on a reversal. After a sharp drop, spike-and-rebound traps are common—stay disciplined and control your position size.
👉 Do you think this rebound can break through 2430?
Like 👍 and follow for real-time chart-watching and sharing key signals.
⚠️ Just market chatter! #ETH走势分析 #以太坊合约 #美联储加息是否已成定局 #比特币跌至7.6万美元 #贝森特支持CLARITY法案终稿 $ETH $BTC $BNB