Ethereum's recent trend indeed gives bears an opportunity. Last night's plunge directly validated the previous bearish outlook, and the entered orders have yielded substantial gains. The key point is that this decline may still be far from over—the market's downside potential remains considerable. From a technical perspective, if the critical support level cannot be reclaimed, the probability of further breakdown is high. In the short term, the cautious bearish outlook still holds. Of course, this is a personal observation based on the current market conditions; risks always exist, and everyone's risk tolerance varies, so decisions should be made according to one's actual situation. The market is ever-changing, so paying attention to a few core technical indicators and volume signals will be very helpful in judging the next direction.

ETH1.55%
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RugPullProphetvip
· 1h ago
Oops, got hit again, and the bears are having a blast!
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MrDecodervip
· 7h ago
Shorting is fun, but don't gamble your life away.
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MoonRocketmanvip
· 7h ago
Last night's dip was indeed well-executed. The lower band of the Bollinger Bands touched and then rebounded weakly, which is a signal that the gravity resistance level hasn't been broken yet... Keep a close eye on RSI momentum and don't be fooled by the rebound.
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GasWastervip
· 7h ago
nah fr tho, caught that dip but my failed txs during the dump cost me more in gas than the actual gains lol... classic ethereum moment. anyway if support breaks we're cooking down further, but tbh im too busy tracking gwei spikes to care 💀
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mev_me_maybevip
· 7h ago
The shorts are making a killing, and my longs got crushed and are confused haha
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ProveMyZKvip
· 7h ago
Shorts are making a killing, but the support level still hasn't held.
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InscriptionGrillervip
· 7h ago
Is this the same old trick to cut leeks again? When the support level breaks, they shout about the end of the world. When there's a rebound, they change their tune and say it's a long-term bullish trend. Old horses know the way, everyone.
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