2.25 ETH Morning Analysis

Ethereum's support level yesterday was at 1800. As mentioned earlier, if 1800 holds, a rebound is expected. Currently, on the daily chart, the adjustment has not been completed. Watch for when the fast and slow moving averages hover around the zero line, which will indicate the potential end of the trend. Additionally, this level should be considered in conjunction with the market depth of Bitcoin. On the daily chart, a double bottom pattern is forming, and attention should also be paid to whether a divergence can develop on the 12-hour chart to drive strength on the 4-hour and 1-hour charts.

In summary, the current position is still mainly oscillating sideways, aiming to repair indicators across various timeframes before making a directional decision. In the short term, as long as 1800 holds, a rebound from oversold conditions is expected, but the rebound strength remains limited.

Support: 1826-1755
Resistance: 1930-2010