【ETH surges to 2319 and begins to "exhaust"? Divergence signals appear at high levels, and a bearish window is opening!】

Structural Analysis (1H + 4H)

4-Hour Level

Current price 2319 has entered the previous high-pressure congestion zone (2300–2350)

Above is a clear historical trapped zone + selling pressure zone

Trend rhythm:

Continuous rally followed by high-level consolidation (a typical pullback structure)

1-Hour Level

After a surge, sideways movement appears + upper shadow

The speed of the high point rise slows down, and momentum weakens

Short-term moving averages begin to flatten, with a dead cross expected

Essential:

Weakening upward momentum → Bull-bear divergence → Tending toward decline correction

Bearish Logic (Core Basis)

Price enters the strong resistance zone above 2300

Short-term surge shows no continuation (speculative trap feature)

If it falls below 2290, a pullback will be confirmed

Currently:

At the end of the rally, not the initiation phase

The current position is more suitable for shorting rather than chasing longs

【ETH Today Short Strategy】

Entry position: 2223

First take profit: 2291

Second take profit: 2261

Stop-loss position: 2350

ETH1.81%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin