🔥 Market Snapshot
$ETH Currently at 2,423 USDT, down 3.10% in 24h, with a trading volume of 830 million USDT. Ranked #9 in overall market buzz (buzz score: 64.1).
Sell pressure is surging like a tidal wave. Protecting your capital matters more than anything—cash is king!
📊 Technical Breakdown
· Daily chart is under pressure below MA7; short-term trend is bearish
· MA7 is below MA25, with a bearish alignment of medium-term moving averages
· 4h rebound is capped by MA25; its strength is questionable
· 4h RSI at 34, in the weak zone, with clear selling pressure
· 4h MACD death cross below the zero line is widening, adding to bearish pressure
🎯 Key Levels & Strategy
Support: 2,400 / 2,300 Resistance: 2,580 / 2,780
🔴 Direction: Bearish — Sell in batches on a rebound near 2,440. First target: 2,400; second target: 2,300. Cut losses immediately if price holds above 2,480.
⚡️ Market Tags
$ETH #以太坊 #ETH行情 #MarketAnalysis
⚠️ Risk Warning: The above is a technical analysis based on publicly available data and does not constitute investment advice. Market conditions can change rapidly; be sure to manage your position size and leverage, and respect the market.