2-25 Midnight Viewpoint

Currently, ETH is experiencing a technical rebound, stopping its decline at around 1796 and rising to approximately 1857. The overall structure remains in a large-scale bearish trend, but a short-term low-level rebound has formed, indicating a correction after the decline. There is significant resistance near the midline of the Bollinger Bands; if volume cannot break through convincingly, the rebound will remain weak.

BOLL:
Upper band around 2033, middle band around 1870, lower band around 1795.
The Bollinger Bands are still trending downward overall, but the lower band is beginning to flatten, and the price is rebounding from the lower band toward the middle band. The current focus is on the resistance at 1870 (middle band). If volume increases and the price stabilizes above the middle band, a continuation of the rebound is possible; if it faces resistance and falls back, it remains within a bearish correction.

MACD:
MACD is still below the zero line, but the green histogram is shrinking significantly, and DIF shows signs of turning upward, indicating short-term strengthening of momentum. Currently, it is in a technical correction phase within a bearish trend, and a golden cross at the trend level has not yet formed. The sustainability of the rebound needs to be observed.

Long Position Strategy (Buy on Dip)
Entry: 1780 – 1760
Target: 1860 – 1920
Stop Loss: below 1740

Short Position Strategy (Defend Against Rebound)
Entry: 1860 – 1885
Target: 1810 – 1780
Stop Loss: above 1900

The trend remains bearish, with a short-term technical rebound phase. Do not chase high; focus on the struggle around 1870 (middle band). If the rebound fails to break key resistance, prioritize defensive positions. If volume breaks through and stabilizes above the middle band, adjust the strategy accordingly. Prioritize position control and follow the rhythm.
#当前行情抄底还是观望？ $BTC