Ethereum Short-term Analysis

Short-term Support: 2,145 - 2,149. This is the recently identified short-term bottom area. As long as it doesn't break below this range, the 15-minute level rebound is expected to continue.

Short-term Resistance:

First Resistance: 2,153 - 2,154 (current K-line high and the 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 correction and retest the upper band pressure at 2,162.

4. Comprehensive Trend Analysis and Strategy
Currently, ETH is in the 15-minute level oversold rebound phase following a pullback on the 1-hour level.

The 1-hour pullback found support at the middle band 2,151. The smaller timeframe (15-minute) rebounded after touching the lower band, forming a resonance support effect between larger and smaller cycles. Short-term panic has been released, and the market is entering a repair phase.

Operation Approach:

Short-term Long Opportunity: Aggressive traders can light up a long position in the 2,148 - 2,150 range, with stop-loss set below 2,145, targeting 2,156 first, with breakthrough targeting 2,162.

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

Risk Warning: If the price breaks below 2,145 again, it indicates support failure and the correction will deepen to 2,140 or lower. At that point, immediately stop-loss or stand aside.

The market found dual support in the 2,145-2,151 area following the sharp drop, with short-term rebound demand. 2,156 is the key for the rebound. If it can break through, it will return to the uptrend channel; otherwise, it will continue to grind at low levels. $ETH