Ethereum Short-term Analysis

Short-term Support: 2,145 - 2,149. This is the short-term bottom area just identified. As long as this range holds, the 15-minute level rebound is expected to continue.

Short-term Resistance:

First Resistance: 2,153 - 2,154 (current K-line high and the 50% midpoint of the previous bearish candle).

Core Resistance: 2,156 (Bollinger middle band). Breaking above this level will confirm the end of the short-term pullback and challenge the 2,162 upper band resistance again.

4. Comprehensive Trend Analysis and Strategy

ETH is currently in the 15-minute oversold rebound phase following a pullback on the 1-hour level.

The 1-hour pullback found support at the middle band 2,151, with the smaller timeframe (15-minute) rebounding after touching the lower band, forming a dual-timeframe resonance support effect. Short-term panic sentiment has been released, and the market is entering a recovery phase.

Trading Strategy:

Short-term Long Opportunity: Aggressive traders can try small long positions in the 2,148 - 2,150 range, with stop-loss set below 2,145, targeting 2,156 first, with 2,162 as the next target upon breakthrough.

Right-side Confirmation: Conservative traders should wait for price to close and stabilize above 2,156, confirming a valid breakthrough of the middle band before following with long positions.

Risk Warning: If price breaks below 2,145 again, it indicates support failure and the pullback will deepen to 2,140 or even lower. At this point, immediate stop-loss or observation is required.

The market found dual support in the 2,145-2,151 range following the sharp decline, creating a short-term rebound demand. 2,156 is the key rebound level; if broken, it will return to the uptrend channel, otherwise it will continue grinding at lower levels. $ETH