#以太坊行情解读 $ETH

Looking at the 1-hour timeframe, I’ve come to a conclusion—this is a classic downtrend continuation pattern. Don’t be fooled by that rebound line.

What does the technical analysis say? MA and EMA have been pressing from above, the Bollinger Bands are opening downward, and the recent sharp plunge directly broke the short-term support level. The current rebound can’t even push above the MA7, the MACD red bars are paper-thin, and trading volume is extremely sluggish—classic signs of a weak rebound.

On-chain data is even more interesting. I just looked around, and the inflow of ETH into exchanges is more than three times the outflow. What does this indicate? Large investors are frantically offloading during this rebound, showing a very clear intention to sell.

Regarding news, the regulatory movements from yesterday haven’t been fully digested yet. The market sentiment was already tense, and any small fluctuation could be amplified into a negative signal. Funds are currently in a wait-and-see mode; no one dares to catch the falling knife.

My judgment is: within 1 hour, the price is likely to dip towards around 2750. Anyone still shouting “bottom fishing” at this stage is either inexperienced or has other motives. Trying to catch this level is like walking into a trap.

If you disagree, see you in the comments. I’ll check the market in half an hour and speak then. Do you want real-time, precise top-out points?