#ETH Don’t buy the dip before the bottom is in
Continued outflows from Ethereum ETFs are weighing on buying pressure. Although the ecosystem upgrade roadmap continues to advance, institutional appetite is weak in the short term. BTC and BNB are showing weak momentum, dragging ETH down with them. The previous low of 2172 is an important support level in this cycle, and the market is testing whether it can hold. A break below it would invalidate the rebound structure.
Current price: ETH 2231
Resistance: First resistance 2295, strong resistance 2345
Support: First support 2190, strong support 2172
✅【Bullish bias】
A recovery rebound will only get underway if the broader market stabilizes and holds above 2295 on increased volume. The first target is 2345. This would be a weak rebound and recovery, not a trend reversal, so chasing longs with large positions is inadvisable.
➡️【Range-bound】
Price may swing back and forth within the 2190–2295 range as bulls and bears trade positions. News-driven volatility could trigger repeated shakeouts. Short-term traders should get in and out quickly; don’t let losing positions run.
❌【Bearish bias】
A decisive break below 2190 could see bears regain momentum. If price breaks straight through 2172, the current rebound structure will fail and open up further downside. This is the key move to watch out for right now.
Key things to monitor:
Watch the correlation with BTC and BNB closely. A rebound without increased volume is a bull trap. ETF flows and changes in large-holder positions will affect short-term sentiment. 2172 is the dividing line between bulls and bears.
Weekly Position Rules
✅ Strictly follow weekly position discipline
✅ Set your stop-loss before opening a trade; never move it lower
✅ Hold positions for no more than 7 days; close them when time is up, regardless of profit or loss
✅ Don’t add to losing positions to lower your average cost. Stop trading immediately if daily losses reach the limit.#行情推演压力位支撑位
Continued outflows from Ethereum ETFs are weighing on buying pressure. Although the ecosystem upgrade roadmap continues to advance, institutional appetite is weak in the short term. BTC and BNB are showing weak momentum, dragging ETH down with them. The previous low of 2172 is an important support level in this cycle, and the market is testing whether it can hold. A break below it would invalidate the rebound structure.
Current price: ETH 2231
Resistance: First resistance 2295, strong resistance 2345
Support: First support 2190, strong support 2172
✅【Bullish bias】
A recovery rebound will only get underway if the broader market stabilizes and holds above 2295 on increased volume. The first target is 2345. This would be a weak rebound and recovery, not a trend reversal, so chasing longs with large positions is inadvisable.
➡️【Range-bound】
Price may swing back and forth within the 2190–2295 range as bulls and bears trade positions. News-driven volatility could trigger repeated shakeouts. Short-term traders should get in and out quickly; don’t let losing positions run.
❌【Bearish bias】
A decisive break below 2190 could see bears regain momentum. If price breaks straight through 2172, the current rebound structure will fail and open up further downside. This is the key move to watch out for right now.
Key things to monitor:
Watch the correlation with BTC and BNB closely. A rebound without increased volume is a bull trap. ETF flows and changes in large-holder positions will affect short-term sentiment. 2172 is the dividing line between bulls and bears.
Weekly Position Rules
✅ Strictly follow weekly position discipline
✅ Set your stop-loss before opening a trade; never move it lower
✅ Hold positions for no more than 7 days; close them when time is up, regardless of profit or loss
✅ Don’t add to losing positions to lower your average cost. Stop trading immediately if daily losses reach the limit.#行情推演压力位支撑位
