Trend Judgment 1865 → 2125: Failed to continue after the surge, Currently consolidating around 2080.
Overall remains: A high-level relay platform within a bearish trend Has not yet formed a reversal structure.
Reasons: Daily chart still in a downward channel Highs have not broken through 2160 No continuous volume increase after 2125 1H MACD momentum is flat Trading volume continues to shrink, Bollinger bands narrowing
Key Levels
Resistance Zone 2100–2120: Upper boundary of the platform resistance 2160: Bearish wave defense 2200: Trend reversal confirmation level
Support Zone 2050: Central support of the platform 2020: Break below indicates weakening 1980: Accelerated structural level
Summary This is A high-level compression platform Not the start of a bull market.
Above 2100 Remains a zone for bearish attempts in stages.
If it falls below 2020 The bearish structure will truly open.
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.
ETH Wave Structure (1H)
Trend Judgment
1865 → 2125: Failed to continue after the surge,
Currently consolidating around 2080.
Overall remains:
A high-level relay platform within a bearish trend
Has not yet formed a reversal structure.
Reasons:
Daily chart still in a downward channel
Highs have not broken through 2160
No continuous volume increase after 2125
1H MACD momentum is flat
Trading volume continues to shrink, Bollinger bands narrowing
Key Levels
Resistance Zone
2100–2120: Upper boundary of the platform resistance
2160: Bearish wave defense
2200: Trend reversal confirmation level
Support Zone
2050: Central support of the platform
2020: Break below indicates weakening
1980: Accelerated structural level
Summary
This is
A high-level compression platform
Not the start of a bull market.
Above 2100
Remains a zone for bearish attempts in stages.
If it falls below 2020
The bearish structure will truly open.