#数字资产市场动态 Ethereum Morning Strategy Analysis: Continuing to Look Bearish During the Rebound



Recently, Ethereum's price movement has largely followed Bitcoin's rhythm, showing a continuous oscillating downward trend. The price has repeatedly declined, with the lowest reaching around 2910, getting closer and closer to the 2900 level. Under the persistent downward pressure, the bears have taken full control, and the market momentum clearly favors the short side.

From a short-term technical perspective, there is indeed a certain need for a rebound correction—that's normal, as rebounds during a downtrend are standard market behavior. However, the strength of this rebound is destined to be limited. As long as the trend does not fundamentally change, any upward spikes should be viewed as opportunities to add to short positions in line with the trend.

In terms of trading approach, focus on whether the 2970–3000 zone can hold resistance in the early session. If selling pressure appears here, consider gradually establishing short positions. The target levels below are gradually set towards the 2900–2800 range.
ETH-1,39%
BTC0,1%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
orphaned_blockvip
· 3h ago
Around 2910, struggling repeatedly. Can it really break through this time? --- A rebound is just a shorting opportunity. To put it nicely, it's "trending with the market"; to be blunt, it's betting against the trend. --- Another wave of "limited rebound," hearing it so much that my ears are getting calloused. --- If the key level at 2900 can't be broken, how do we proceed from here? --- The bears are so determined that I'm starting to feel a bit anxious. --- Early trading saw a tough hold at 2970-3000, but it was broken through. Let's see how this turns out. --- Ethereum is just dancing to Bitcoin's rhythm, really has no independence. --- If the trend hasn't changed, just keep shorting? That logic sounds a bit rigid. --- Is that target at 2800 really reliable, or is it just paper talk?
View OriginalReply0
MoneyBurnerSocietyvip
· 11h ago
Looking bearish again. When will my contrarian indicator stop being so accurate?
View OriginalReply0
LayerZeroHerovip
· 01-21 02:50
A rebound is the escape door. If you catch it, you can smash the short positions. 2970-3000 is really a money-making zone.
View OriginalReply0
LiquidationWatchervip
· 01-21 02:48
The rebound is the entry point for short positions; there's no suspense in this wave.
View OriginalReply0
ContractHuntervip
· 01-21 02:48
Is this another rebound to deceive the bulls? I'm getting annoyed just watching. Just smash through 2970-3000 directly.
View OriginalReply0
FlatTaxvip
· 01-21 02:44
A rebound is a shorting opportunity. I'm very familiar with this trick. Let's wait and see if 2970 can hold.
View OriginalReply0
CryptoDouble-O-Sevenvip
· 01-21 02:43
2910 is already very close; it feels like this rebound really can't last much longer.
View OriginalReply0
RugDocScientistvip
· 01-21 02:27
2900 really needs to break, the bears are quite fierce this time.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)