Current price 2573.29 USDT — $ETH at this level is interesting. The bullish divergence signal is obvious: the price made a new low, but the RSI did not make a new low. Stoch RSI is also back in the oversold zone at 19.2. Theoretically, a rebound should be coming. But take a closer look at the long/short ratio: the long share has fallen from a high level to 61.9%, clearly showing a profit-taking vibe.
The contradiction is right here: the technical setup suggests a rebound, but the fund flow is retreating. In this situation, the worst thing is chasing higher prices—wait until the direction is clearer.
Key levels: the 2615–2628 range is a confluence support of the Fib 38.2%–50% zone with the EMA25. Holding above it keeps the bullish continuation structure intact. But if it breaks below 2587.65 (near the Fib 61.8%), then the current logic fails.
For on-screen observation and scenario planning only—does not constitute a record of trading actions.
$ETH #合约 #熊市 #Market sentiment
The contradiction is right here: the technical setup suggests a rebound, but the fund flow is retreating. In this situation, the worst thing is chasing higher prices—wait until the direction is clearer.
Key levels: the 2615–2628 range is a confluence support of the Fib 38.2%–50% zone with the EMA25. Holding above it keeps the bullish continuation structure intact. But if it breaks below 2587.65 (near the Fib 61.8%), then the current logic fails.
For on-screen observation and scenario planning only—does not constitute a record of trading actions.
$ETH #合约 #熊市 #Market sentiment
