#ETH走势分析
Analysis of Ethereum on the 19th ($ETH )
Today's Ethereum market shows a tug-of-war between bulls and bears amid low-level fluctuations. The following is the core analysis:
• Price Fluctuation: ETH is currently oscillating in a narrow range between $1,960 and $1,980. Compared to the peak at the end of 2025, ETH has retraced about 33% and is currently hovering below the key psychological support level of $2,000.
• Technical Analysis: * Moving Average Indicators: The 200-day moving average continues to decline, indicating that the medium-term trend remains weak, with significant selling pressure near $2,050.
• RSI: It is in the neutral range of 30-70, but there is a slight bullish divergence signal, suggesting that there may be a demand for a rebound in the short term.
• Capital and News: Institutional movements are active, and today it was monitored that large holders like BitMine have increased their positions by about 35,000 ETH, indicating that large players are gradually “buying the dip.” However, due to uncertainties in the macro environment (such as U.S. non-farm data and geopolitical situations), overall market sentiment remains in a state of “extreme fear” (index around 8).
In the short term, ETH needs to stabilize above $2,000 with increased volume to reverse the downward trend. If it fails to break through, it may further test the strong support area around $1,770. It is recommended to adopt a wait-and-see approach and wait for a clearer trend.