$ETH Didn't hold on, lost 100 points

$ETH #BuyTheDipOrWaitNow? Here’s a technical analysis of the ETH/USDT chart you shared (15-minute timeframe, recent price action around ~$1,930): Current Market Snapshot Price: $1,930.55 24h change: -9.33% (very strong bearish daily candle) 24h range: $2,163.50 – $1,744.69 Current position: sitting near the daily low, after a violent liquidation cascade Key Observations Trend & Structure Clear downtrend on 15m, 1h and 4h timeframes Price is making lower highs and lower lows The violent drop from ~$2,150 → $1,745 was a classic capitulation / flush move Current price (~$1,930) is a relief bounce / dead-cat bounce so far Moving Averages (very bearish alignment) MA5 > MA10 > MA30 (bearish stack) Price is below all major MAs MA5 (~$1,915) is acting as first micro resistance right now MA10 (~$1,869) is the next important level if price turns down again Momentum Indicators MACD (12,26,9) Still deeply negative MACD line just crossed above signal line → early bullish divergence / momentum shift Histogram is turning less negative (weak bullish sign) KDJ (stochastic-like) Already in overbought territory on 15m after the bounce Suggests short-term exhaustion of buyers is close Volume Very high volume spike on the drop to $1,744 → classic panic selling climax Current bounce volume is noticeably lower → lack of strong conviction from buyers This is typical after a flush: weak bounce → possible re-test of lows Support & Resistance levels to watch Level Type Importance Comment $2,150–2,165 Major resistance ★★★★★ Previous breakdown area + round number $1,915–1,925 Minor resistance ★★★ MA5 + current bounce high $1,869–1,882 Medium resistance ★★★★ MA10 + MA30 confluence $1,825 Next support ★★★ Previous swing low + round number $1,744–1,755 Major support ★★★★★ Yesterday’s low – very strong magnet Most Likely Scenarios (ranked by probability right now) 1. Most probable (~55–65%) — Re-test of $1,744–1,760 zone Weak bounce + overbought KDJ + still bearish higher timeframes Classic post-flush behavior: re-test low before real reversal attempt 2. Medium probability (~25–30%) — Choppy consolidation between ~$1,830–1,970 If buyers can hold above $1,870–1,880 for several hours MACD bullish cross strengthens 3. Low probability (~10–15%) — Strong reversal already in Requires: close above $1,950–1,970 + clearly increasing volume Would need strong macro catalyst or BTC suddenly exploding upward Short-term Trading Bias (15m–1h) Bias: Bearish until proven otherwise Best low-risk setups right now: Fade rallies near $1,915–1,930 (if volume stays weak) Wait for rejection at MA10/MA30 (~$1,870–1,885) to add shorts Long only after clear higher low + volume confirmation above $1,950

This drop is really powerful, The bears are making a killing Working hard to turn things around in 2026🥳$ETH ‌