🔻 Current Trend Qualitative
Core Judgment: The market is in a clear downtrend, driven mainly by technical factors.
📉 Core Bearish Evidence
Technical consensus is bearish:
Trend: Moving averages are in a bearish arrangement.
Momentum: Prices are significantly below VWAP, and trading volume is increasing, confirming strong selling pressure.
Key Support is at Risk:
If the price loses the critical support level of 2826 USDC, it may open up further downside.
⚠️ Potential Variables and Contradictions
The Only Hope: The RSI indicator has entered the oversold area, suggesting a possible short-term technical rebound.
Main Contradiction: This rebound signal contradicts the overall 'volume and price decline' and bearish trend, and the rebound strength may be very limited.
💡 Trading Strategy Proposal
Strategy Type Operation Idea Entry Area Stop Loss Level Target Level Core Logic
Strategy One (Conservative) Trend-following Short Near 2994 USDC 3005 USDC 2834 USDC Following the main downtrend, look for high-probability short opportunities near strong resistance levels.
Strategy Two (Aggressive) Chase Breakouts Near 2834 USDC 2860 USDC 2826 USDC Betting on the weakness of rebounds, continue shorting near secondary support levels, looking down to key support levels.
Summary Advice: The current market is dominated by bears, and the trading idea should primarily focus on shorting on rallies. All operations must strictly set stop losses and be cautious of potential price rebounds near key support levels, which may occur but are expected to be limited in strength $ETH
