【ETH Daily Chart Structure Projection | Emotional Release and Revaluation After Trend Break】

The market is undergoing a intense dual adjustment of sentiment and structure. ETH price has clearly broken below the medium- to long-term trend support zone centered around MA30/MA50 (3080-3100 USD), and further lost the psychological threshold of 3000 USD. This series of breakouts is no longer just a technical correction, but a concentrated revaluation of ETH's recent valuation and an emotional "release."

The chart presents two key facts: First, the price is falling freely toward the next support zone of 2900-2623 USD, with a lack of effective technical buffers during this decline; second, after a high-level death cross on the MACD, the green bars have sharply expanded (-71), which is a classic technical confirmation signal that the upward trend on the daily chart has been forcibly reversed. The RSI has fallen to 36, indicating that buying momentum has significantly retreated.

The current core game has shifted from "whether the trend can be maintained" to "the depth and duration of the decline." The bears have completely taken control of the market momentum, aiming to test and break through the 2623 USD rising platform, thereby completely dismantling the underlying structure of this round of rally. The only hope for the bulls is to organize a sufficiently strong resistance rebound in the 2900-2750 region, which, even if it cannot reverse the trend, can build a consolidation platform to slow down the decline and buy time for subsequent recovery.

Market sentiment has shifted from "doubt" to "confirmation" of the decline. Any rebound will face a severe test at 3100 USD (the original support now resistance). Before a clear bottom formation on the daily chart (such as a double bottom or head and shoulders bottom) and volume-confirmed stop-loss signals appear, attempting to catch the falling knife is an extremely risky strategy. The market is searching for a new, widely recognized valuation equilibrium point. #Gate每10分钟送1克黄金