$ETH Folks, Ethereum is currently at 2380. The drop all the way down has been remarkably decisive—a classic downtrend that is clearly not over yet. The price is now hovering around 2382. It may look like it has stabilized, but a continuation of the decline is more likely. Bears are firmly in control of the market, and every slight attempt by the bulls to fight back gets pushed down again. As long as the trend hasn’t reversed, stick with the bears—or stay out and watch from the sidelines. Technically, the EMA moving averages are in a textbook bearish alignment, with heavy short-term selling pressure. The MACD’s DIF and DEA are running below the zero line, and the price is hugging the lower band at 2383, while the Bollinger Bands are opening downward. These are classic signs that a one-way downtrend is beginning. Unless the price can break above the middle band at 2445 convincingly and hold there, any rise should be considered a technical rebound, not a reversal.

Key approach: The trend is bearish. Focus mainly on shorting rebounds, and cautiously look for short-term long opportunities.
Short: Enter a short on a rebound to 2400–2410. Stop-loss at 2425; target 2350, or 2313 if support breaks.
Long: If there’s a sharp drop to 2360–2370, take a small long position. Stop-loss at 2350; target 2390–2400, then exit. Get in and out quickly.
#ETH走势分析