Ethereum's current bearish structure is essentially formed, with overall momentum remaining downward bias.



From the daily level perspective, consecutive bearish candles are retesting support with obvious volume expansion in the bodies. The bears' dominant position is gradually being established, and the price center of gravity continues to shift lower. In the four-hour cycle, multiple large bearish candles have declined and broken through the midline, with Bollinger Bands contracting, indicating that the market is still incubating further directional choices, though currently leaning toward downward space release.

Regarding attached technical indicators, multiple momentum indicators are synchronously diverging downward with clear bearish alignment; the hourly chart shows insufficient rebound strength, with each recovery lacking continuity—a typical weakening correction structure.

In summary, before the overall downward bias structure is broken, trading operations should primarily focus on shorting on rebounds.

Intraday attention on the 2210-2230 region for resistance testing, with opportunity to enter short positions, looking down toward the 2150-2100 range. #Gate13周年全球庆典 $ETH
ETH-1.89%
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