🔥 Market Snapshot
$ETH Now trading at 2,427 USDT, down 4.76% over 24h, with a trading volume of 790 million USDT. Ranked #20 in overall market buzz (buzz score: 59.3).
Selling pressure is surging like a tide. Protecting your principal matters more than anything—cash is king!
📊 Technical Analysis
· The daily price is under pressure at MA7, with a bearish short-term trend
· MA7 is below MA25, with a bearish alignment of the medium-term moving averages
· The 4h rebound is capped by MA25, and its strength is questionable
· 4h RSI at 28, in oversold territory, with clear selling pressure
· The 4h MACD death cross below the zero line is widening, adding to bearish pressure
🎯 Key Levels and Strategy
Support: 2,410 / 2,310 Resistance: 2,580 / 2,780
🔴 Direction: Bearish — scale into short positions on a rebound near 2,440. First target: 2,410; second target: 2,310. Stop-loss immediately if price holds above 2,470.
⚡️ Market Tags
$ETH #以太坊 #ETH行情 #MarketAnalysis
⚠️ Risk Warning: The above is a technical analysis based on public data and does not constitute investment advice. Markets can change rapidly; be sure to manage your position size and leverage, and respect the market.