#ETH Intraday Analysis

1️⃣ Structural Interpretation: ETH's rebound strength and sustainability remain limited, indicating that market risk appetite has not significantly improved. The current trend resembles a passive consolidation within a weak range rather than a reversal after a decline. Key resistance levels above still exert strong pressure, making it difficult for prices to break through effectively. Until there is a substantial change in structure, ETH should still be viewed as weak.
2️⃣ Capital Flow & On-Chain & Exchange Dynamics: Capital attitude remains cautious—funds are clearly less willing to allocate to ETH, with insufficient risk appetite. On the ecosystem level: no significant ecosystem variables have emerged to improve sentiment, and some sectors remain sluggish. Relative Strength: The ETH/BTC ratio is still oscillating at low levels, with no clear signals of funds flowing back into ETH.
3️⃣ Intraday Trading Strategy: Do not chase rebounds; control participation desire and wait for key levels to enter. Do not consider rebounds as trend reversals until the price re-establishes above key psychological levels. If the price rebounds to resistance zones and shows clear weakening signals, consider shorting with the trend, but position sizes should be strictly controlled. If rapid declines occur, be alert to emotional panic selling, but avoid blindly bottom-fishing.
4️⃣ Risk Warning: High volatility risk—ETH's volatility is high, and downward moves tend to be amplified in a weak environment. Linkage risk: once BTC weakens, ETH usually falls faster. Fake rebound risk: the probability of failed rebounds within weak ranges is high, and chasing highs carries significant risk.