$ETH 2 Hour high, 2806 falls back to 2633 where it bottoms out and rebounds. The medium-term moving averages are trending downward. The 2701 line is the midpoint between buyers and sellers. MACD rebound momentum gradually weakens; this is a rebound within a downtrend rather than a reversal.

On the 15-minute chart, the Bollinger Bands are contracting and volatility is narrowing. Near term, buyers and sellers are in balance. Resistance lies at 2693, with strong support at 2633. Wait for a volume expansion to choose a direction.

Afternoon swing reference: do not use for medium/long-term positions.

Long positions: 2668–2670, stop loss at 2658.

Short positions: 2698–2700, stop loss at 2713.

Range-bound strategy: sell high and buy low #ETH走势分析