$ETH Structurally, 76542 is the last short-term Bollinger Band support. Once the four-hour price closes below 76400, the lower band is likely to open up and expand, which will accelerate the downward move toward the 74000-75000 range. The resistance above has already moved down to the mid-band around 77653-77700; any rebound here is just a weak rebound and not worth chasing.

Now, don't rush to buy the dip. Wait for two signals: either a spike with increased volume around 76400-76500, forming a long lower shadow and indicating a potential bottoming structure before considering a light position to go long; or wait until the price reclaims the upper side of the mid-band and then follow on the right side. Holding a position in the middle is just pure gambling.