以太坊（ETH）驾驭市场结构，机遇与风险并存

与大多数主要加密货币一样，以太坊正在经历一个有趣的市场结构，该结构提供了机遇，但也存在风险。

CryptoSlate H4 Analysis: Ethereum price shows bearish structure, presenting opportunities for bear trades

CryptoSlate H4分析：以太坊价格显示看跌结构，为熊市交易提供机会

Breaking down the price action of ETH on the 4-hour (H4) chart, we can observe a bearish market structure.

分解 ETH 在 4 小时 (H4) 图表上的价格走势，我们可以观察到看跌的市场结构。

The price has been forming lower highs and lower lows, indicating that sellers are currently in control of this timeframe.

价格已经形成更低的高点和更低的低点，表明卖家目前控制着这个时间框架。

This trend highlights that ETH may still have some room to drop, especially if no significant bullish momentum comes in to break the trend.

这一趋势凸显出 ETH 可能仍有一定的下跌空间，特别是如果没有明显的看涨势头来打破这一趋势。

On the other hand, if the price manages to reverse and begin forming higher highs and higher lows, it could indicate a shift in momentum toward the bulls.

另一方面，如果价格成功逆转并开始形成更高的高点和更高的低点，则可能表明势头转向多头。

In this case, traders might want to consider looking for opportunities to enter long positions.

在这种情况下，交易者可能需要考虑寻找进入多头头寸的机会。

H1 Analysis: Ethereum price reaches supply zone

上半年分析：以太坊价格达到供应区

Zooming in on the 1-hour (H1) timeframe, we can see Ethereum price reacting at an important supply zone.

放大 1 小时 (H1) 时间范围，我们可以看到以太坊价格在一个重要的供应区域做出反应。

For those unfamiliar, a supply zone is an area where sellers are historically dominant, often triggering a price reversal or a pause in upward momentum.

对于那些不熟悉的人来说，供应区是卖家历来占据主导地位的区域，通常会引发价格逆转或上涨势头暂停。

Currently, Ethereum has reached this key zone, making it an interesting level for those considering short trades.

目前，以太坊已经达到了这个关键区域，对于那些考虑做空交易的人来说，这是一个有趣的水平。

But here’s the twist: there’s still plenty of liquidity left to grab below the current price levels. Could this be the moment ETH dives to sweep those lower liquidity zones?

但问题是：在当前价格水平以下，仍有大量流动性可供争夺。这会是 ETH 跳水以席卷流动性较低区域的时刻吗？

What Could Happen Next?

接下来会发生什么？

While the analysis presents potential scenarios, let’s remember—markets can do anything.

虽然分析提出了潜在的情景，但我们要记住——市场可以做任何事。

Traders must stay flexible and prepare for either possibility:

交易者必须保持灵活性并为以下两种可能性做好准备：

The Importance of Liquidity and Risk Management

流动性和风险管理的重要性

Liquidity plays a crucial role here. Large players often target areas of high liquidity to execute their moves, making those zones important for traders to monitor.

流动性在这里起着至关重要的作用。大型参与者通常会瞄准高流动性的区域来执行其行动，这使得这些区域对于交易者来说非常重要。

As always, ensure proper risk management when trading. Consider moving stop-losses to breakeven if the trade goes in your favor to minimize risk—especially in uncertain market conditions.

一如既往，确保交易时适当的风险管理。如果交易对您有利，请考虑将止损调整至盈亏平衡，以最大限度地降低风险，尤其是在不确定的市场条件下。

Final Thoughts

最后的想法

Ethereum’s current positioning presents a mix of opportunity and uncertainty.

以太坊当前的定位充满了机遇和不确定性。

While the technicals point to a potential bearish continuation, it’s important to stay adaptive and watch how the price reacts around key levels.

虽然技术面显示看跌可能持续，但保持适应性并观察价格在关键水平附近的反应非常重要。

After all, no one knows for certain what the market will do next. The scenarios we outline are simply probabilities—not guarantees.

毕竟，没有人确切知道市场下一步会做什么。我们概述的情景只是概率，而不是保证。

This analysis is a tool to guide your trading decisions, but it’s no substitute for your own research and strategies. Always trade responsibly.

此分析是指导您交易决策的工具，但它不能替代您自己的研究和策略。始终负责任地进行交易。