Four-hour Ethereum Chart Analysis

I. News Analysis (Core Events in the Last 24 Hours)
🔴 Bearish Factors

1. Continued Fermentation of High Interest Rate Expectations from the Federal Reserve

   U.S. inflation data is stickier than expected, causing the market to push back the first expected rate cut to 2027. The dollar index and U.S. Treasury yields are rising together, and the high-interest-rate environment continues to suppress high-volatility risk assets like cryptocurrencies, resulting in Ethereum lacking sustained rebound momentum.

2. Continuous Net Outflow of Spot ETF Funds

   Ethereum spot ETFs have seen consecutive days of net outflows, with institutional funds accelerating their exit, increasing selling pressure and a general lack of market risk appetite, leaving buy support insufficient.

Bullish Factors

1. Large Whale Addresses on the Blockchain Continuously Accumulating at Low Levels

   Multiple large Ethereum addresses have been buying continuously in the $2080-$2100 range, indicating that long-term funds recognize the bottom range, forming a certain support level in the short term.

2. Staking Data Stabilizes, Network Fundamentals Remain Stable

   The amount staked on the Beacon Chain and validator activity remain stable, with no large outflows from the network, and there has been no deterioration in fundamentals, providing long-term emotional support for prices.

II. Technical Multi-Period Analysis

4-Hour Level

• Price and Formation: The current price is around $2125, positioned within a clear descending channel, oscillating along the lower track of the channel, with a dominant bearish trend and no clear reversal signal yet.

• Moving Average System: The price is running below the MA5/MA10/MA30/MA52 moving averages, with the moving averages showing a standard bearish arrangement, continuously pressuring prices in the short term.

• Key Levels: Resistance levels at $2160-$2180 (upper track of the descending channel + previous platform), support level at $2080 (previous low), with strong support below at $2076.

• Indicators: MACD bearish momentum has decreased, with the fast and slow lines still below the zero axis; RSI is in a neutral to bearish range, not yet oversold, with room for further bearish momentum; Bollinger Bands opening downward, with price running below the mid-line, establishing a clear weak pattern.

30-Minute Level

• Price and Formation: The price is oscillating in a narrow range between $2100-$2130, forming a low-level horizontal consolidation structure, with limited rebound height and a clear weak rhythm.

• Indicators: The price is pressured by the MA5/MA10 moving averages, with MACD green bars decreasing in volume, and RSI close to neutral. There is a possibility of a technical rebound for short-term, but the rebound height is limited, with strong resistance above at $2150-$2180.

III. Operation Direction Suggestions

IV. Risk Alerts

1. Extreme Market Risk: Market panic sentiment persists, and there is a possibility of further accelerated decline. Strict stop losses are needed to avoid emotional holding of positions.

2. False Breakout Risk: The low-level horizontal phase is prone to false rebound temptations. It is necessary to wait for clear stabilization signals before entering, avoiding being trapped by chasing highs.

3. Liquidity Risk: Volatility increases at the end of the descending channel, and chasing ups and downs in a volatile market can easily lead to losses. It is essential to reduce frequent trading and patiently wait for key signals.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。