$ETH Short-term: A weak rebound after a stepwise decline; 2,100 and 2,120–2,150 are key levels to watch
📉 Structure
The 15-minute chart shows a stepwise decline: price first moved sideways at 2,195–2,215 for 3 days, then dropped sharply. It then consolidated at 2,120–2,150 before plunging again to 2,006 after the CPI release. The current price is around 2,070, with a V-shaped rebound and a slightly higher low.
📊 Indicators
The 15-minute RSI is around 63, and the MACD has just turned positive, indicating upward short-term momentum. However, OBV drops a step with each sharp decline and stays mostly flat during rebounds, suggesting insufficient volume behind the rebound. Open interest in futures is up 2.6% over 24 hours, and the funding rate is near 0.
🟢 Bullish scenario
Condition: The 15-minute chart holds above 2,100 with increased volume, and OBV starts rising
Targets to watch: 2,120–2,150 (the lower edge of the next step up), then 2,195
Invalidation: Falls back below 2,055
🔴 Bearish scenario
Condition: The rebound is rejected at 2,120–2,150, or a 15-minute candle closes below 2,055
Targets to watch: 2,042, then 2,000–2,006
Invalidation: Moves above 2,150 and holds
⏰ Timing
U.S. PPI will be released on 11-13 at 13:30 UTC; volatility may increase around that time.
The above is my personal opinion and does not constitute investment advice.
#ETH #以太坊 #加密市场 #PPI
📉 Structure
The 15-minute chart shows a stepwise decline: price first moved sideways at 2,195–2,215 for 3 days, then dropped sharply. It then consolidated at 2,120–2,150 before plunging again to 2,006 after the CPI release. The current price is around 2,070, with a V-shaped rebound and a slightly higher low.
📊 Indicators
The 15-minute RSI is around 63, and the MACD has just turned positive, indicating upward short-term momentum. However, OBV drops a step with each sharp decline and stays mostly flat during rebounds, suggesting insufficient volume behind the rebound. Open interest in futures is up 2.6% over 24 hours, and the funding rate is near 0.
🟢 Bullish scenario
Condition: The 15-minute chart holds above 2,100 with increased volume, and OBV starts rising
Targets to watch: 2,120–2,150 (the lower edge of the next step up), then 2,195
Invalidation: Falls back below 2,055
🔴 Bearish scenario
Condition: The rebound is rejected at 2,120–2,150, or a 15-minute candle closes below 2,055
Targets to watch: 2,042, then 2,000–2,006
Invalidation: Moves above 2,150 and holds
⏰ Timing
U.S. PPI will be released on 11-13 at 13:30 UTC; volatility may increase around that time.
The above is my personal opinion and does not constitute investment advice.
#ETH #以太坊 #加密市场 #PPI