After a sharp rise from 1846, it has now been pushed back to around 1880. Structurally, a "sharp rise followed by a pullback" has already formed. Here's the key point: if the strength persists, it should continue to increase volume and push higher, rather than just a rebound followed by a gradual decline with decreasing volume. Right now, it looks more like—a technical correction after emotional release; once the correction is over, funds will start to become cautious. 1846 is the first emotional low point. If it tests that level again later, it will be a true test of support. Don't rush to expect a V-shaped rebound at this level; the trend has already shifted from "sharp decline" to "weak correction." #BTC #ETH #以太坊分析 #Market structure
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ETH's recent rebound has not continued.
After a sharp rise from 1846, it has now been pushed back to around 1880. Structurally, a "sharp rise followed by a pullback" has already formed.
Here's the key point: if the strength persists, it should continue to increase volume and push higher, rather than just a rebound followed by a gradual decline with decreasing volume.
Right now, it looks more like—a technical correction after emotional release; once the correction is over, funds will start to become cautious.
1846 is the first emotional low point. If it tests that level again later, it will be a true test of support.
Don't rush to expect a V-shaped rebound at this level; the trend has already shifted from "sharp decline" to "weak correction."
#BTC #ETH #以太坊分析 #Market structure