$ETH A single long bearish candle rewrites the entire market structure! At Ethereum’s current price of 2450, I’ve found a pattern: whenever the market feels most hopeless, the turning point is often not far off. Ethereum has fallen from 2800 to 2450. In just four days, it dropped by more than three hundred dollars, and the crypto market is full of wails. Someone asks me if the bull market is over—I don’t give a direct answer, because there’s no standard answer in the market, only probabilities. What I can do is break down the current chart structure for you, mark the key support and resistance levels, and as for how to make decisions—that’s your own business
The daily candlestick directly swallowed nearly two weeks of gains. The pullback from the high at 2806 has already exceeded 12%. Technically, the price has broken below the lower Bollinger Band at 2544; the midline is at 2675; the upper band is at 2806. In terms of the moving average system, EMA15 at 2636 and EMA30 at 2593 are both being stepped on. Right now, price is testing the EMA60 level at 2456. The MACD green histogram has been expanding continuously; the DIF has already crossed below the DEA to form a dead cross, and bearish momentum is still being released. But note: the bigger structure on the daily timeframe that surged up from 1503 has not been broken. EMA90 at 2357 and EMA120 at 2304 form a strong support zone. Based on the current picture, this pullback still looks like a deep correction within an uptrend, not a trend reversal
The four-hour chart shows consecutive large bearish candles breaking through all short-term moving averages. Current price is 2451, while EMA15 is at 2589, EMA30 at 2629, and EMA60 at 2653—all overhead forming resistance, a typical bearish alignment. The Bollinger Bands have opened downward; the lower band at 2479 has been effectively broken, indicating extreme bearish sentiment in the short term. The MACD continues to expand below the zero axis, and there’s no sign of the green histogram shrinking. But there is one signal worth paying attention to—on the TD sequence, 13 sell counts have already been triggered, meaning the technical countdown for this short-term decline has started. Chasing shorts now has decreasing cost-effectiveness, and a technical corrective rebound could happen at any moment
Short-term reference:
Northbound: from 2400 down to 2350 to look for a bottom. Stop-loss: 40 points. Targets: 2500 to 2550
Southbound: from 2500 to 2550 consolidation (stagnation). Stop-loss: 40 points. Targets: 2450 to 2400
Specific execution should primarily rely on real-time order book data. For more information, you can check the author’s updates. Article publishing may be delayed; this is for reference only—risk is your own
#ETH走势分析
The daily candlestick directly swallowed nearly two weeks of gains. The pullback from the high at 2806 has already exceeded 12%. Technically, the price has broken below the lower Bollinger Band at 2544; the midline is at 2675; the upper band is at 2806. In terms of the moving average system, EMA15 at 2636 and EMA30 at 2593 are both being stepped on. Right now, price is testing the EMA60 level at 2456. The MACD green histogram has been expanding continuously; the DIF has already crossed below the DEA to form a dead cross, and bearish momentum is still being released. But note: the bigger structure on the daily timeframe that surged up from 1503 has not been broken. EMA90 at 2357 and EMA120 at 2304 form a strong support zone. Based on the current picture, this pullback still looks like a deep correction within an uptrend, not a trend reversal
The four-hour chart shows consecutive large bearish candles breaking through all short-term moving averages. Current price is 2451, while EMA15 is at 2589, EMA30 at 2629, and EMA60 at 2653—all overhead forming resistance, a typical bearish alignment. The Bollinger Bands have opened downward; the lower band at 2479 has been effectively broken, indicating extreme bearish sentiment in the short term. The MACD continues to expand below the zero axis, and there’s no sign of the green histogram shrinking. But there is one signal worth paying attention to—on the TD sequence, 13 sell counts have already been triggered, meaning the technical countdown for this short-term decline has started. Chasing shorts now has decreasing cost-effectiveness, and a technical corrective rebound could happen at any moment
Short-term reference:
Northbound: from 2400 down to 2350 to look for a bottom. Stop-loss: 40 points. Targets: 2500 to 2550
Southbound: from 2500 to 2550 consolidation (stagnation). Stop-loss: 40 points. Targets: 2450 to 2400
Specific execution should primarily rely on real-time order book data. For more information, you can check the author’s updates. Article publishing may be delayed; this is for reference only—risk is your own
#ETH走势分析