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The current personal opinion trend for ETH is at the tail end of a short-term Rebound, with the overall structure belonging to a high-level oscillation Relay after a reversal. Buying momentum is slowing down, and there are signs of divergence in the market. If the key resistance is not broken, it is highly likely that the market will enter an adjustment phase.
Last night ETH attacked the 1H OB zone at (.
After 3710-3740, there is a significant stagnation, and a local structural breakdown signal appears in the 15-minute chart. The order flow shows that the upward process is continuously suppressed by active sell orders, weakening in sync, reflecting that the funds have not followed the rise. The signs of exhaustion in buy orders during the session are obvious.
ETH 3654 short, looking down at 3554, defending 45 points. #BTC# #ETH#