Another night without sleep, the Ether has been weakening at the four-hour level, with the high point dropping from 3446, and the rebound failing to reach the middle track, a typical weak trend. The current price is running near the lower Bollinger Band, with a weak rebound, indicating that the bulls are merely passively defending and do not have the conditions for a trend reversal.
The middle Bollinger Band continues to press down, and the price is moving along the lower band, which is the most standard form in a downtrend. The MACD double lines continue to expand after a death cross below the zero axis, with bearish momentum not diminishing, but instead continuously releasing during rebounds, belonging to the rhythm of "falling within a fall."
The rebound provides an opportunity for shorts, focus on the resistance situation of the rebound around 2900—2950, if there are signs of weakness, one can position for short trades. Initially, look at 2780—2750 below, if it breaks down with volume, the market is likely to test lower liquidity areas. Overall, only trade with the trend, do not catch the bottom, and do not bet against the market for a reversal. As long as the trend is not finished, short positions remain the active option. #ETH走势分析 $ETH #ETH走势分析 #美国非农数据超预期 #巨鲸动向
