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Ethereum bearish sentiment continues | Rationally cautious, rebound unlikely to change the downward trend
Last week, Ethereum maintained a weak overall performance. After a brief rally, prices quickly retreated, with bullish momentum clearly lacking, and market sentiment remaining cold. Selling pressure persists at higher levels, and capital follow-up is limited. As the year-end approaches, large-scale funds remain cautious, making it difficult to form effective trend support. The short-term weakness is still hard to reverse.
From a structural perspective, the current rebound is more of a technical correction and has not changed the overall downtrend logic. In the coming week, Ethereum should still be approached with a bearish mindset. Until the trend reverses, blindly chasing longs is not cost-effective; it’s safer to follow the trend.
Reference strategy:
Pay attention to the performance around 3050;
Use 3100 as a supplementary zone, with a support reference at 3140;
The lower target is 2860; if a valid breakdown occurs, further focus on the 2770 area.
Maintain rhythm, follow the trend, and risks and opportunities will become naturally clear. #特朗普取消对欧关税威胁 #ETH走势分析 #ETH走势分析 #加密市场观察 $BTC $ETH