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Today’s ETH morning thoughts
Operation:
Short near the 1575–1585 rebound area.
Defend at 1595; target 1530–1510.
After ETH surged and then pulled back, it entered a weak, grinding downtrend. In each cycle, the rebound height keeps narrowing. The long side’s counter-pull is still unable to hold above the Bollinger middle band. The upper prior trading range has heavy trapped-sell pressure. Rebound momentum keeps weakening step by step. Price repeatedly probes the previous low, continuously wearing down the effectiveness of support. Meanwhile, the momentum for a downside breakdown continues to build up. Overall, the bias is bearish: $ETH #0成本拿2股SK海力士