📌 2026-02-21 ETH Intraday Technical Analysis (as of 12:00)

Current Price: Approximately 1,940–1,950 USDT Weak Volatility

1. Core Range (Bull-Bear Boundary)

- Strong Resistance/Waterline: 2,000–2,010 (Consolidation Zone)
- Key Resistance: 1,980–1,990 (First Resistance for Intraday Rebound)
- Key Support: 1,920–1,930 (Bullish Lifeline)
- Strong Support: 1,880 (Break below opens downward space)

2. Technical Signals

- Daily Chart: Bearish trend dominates, downtrend channel not broken, rebound lacks volume
- 4H/1H Charts: Bollinger Bands narrowing, range-bound with a slight bearish bias, upper band ≈2,000, lower band ≈1,920
- MACD: Bullish crossover below zero line but very weak momentum, only oversold correction
- RSI: Around 34, hovering at low levels, no strong rebound signal
- Volume: Rebound with decreasing volume, decline with increasing volume, funds flowing out
- Correlation: Weaker than BTC, if BTC weakens, ETH may accelerate downward

3. Intraday Strategy (For Reference Only, Not Investment Advice)

Short Selling (Trend Following Preferred)

- Entry: Short on rebound at 1,980–2,000, gradually open positions during stagnation
- Stop Loss: Exit if above 2,010 and stable
- Targets: 1,950 → 1,930 → 1,920 → 1,880

Long Position (Light Position Play)

- Entry: Buy on pullback at 1,920–1,930, stabilize before entering long
- Stop Loss: Effective break below 1,880
- Targets: 1,960 → 1,980 (Quick Entry and Exit)

4. Key Points for Today

- Volatility in US/EU markets increases, 2,000 gain/loss determines intraday strength
- Volume breakout above 2,010 → Avoid short positions, shift to sideways with a slight bullish bias
- Break below 1,920 → Accelerate downward to 1,880 and below
- Strict position control, set stop losses, contract risk is extremely high