$ETH 10.14 Ethereum Market Analysis | Bo Chuan Trading Strategy

Core Signal: Weak pullback engulfs rebound, oversold may trigger short-term correction, insufficient volume makes it hard to sustain, short positions should watch for support!

1. Core Interpretation of Market

Ethereum market performance is relatively weak, the rebound results from yesterday have been completely given back today, officially entering a phase of weakening, with various technical indicators showing a bearish arrangement.

- Short-term Opportunity: RSI indicator reaches oversold range, may trigger a technical corrective rebound.

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- Key Risk: If the rebound lacks effective volume support, the upward trend will be difficult to sustain, and the weak pattern may continue.

2. Support Levels and Trading Strategy

Entry Range: 4000 - 4020 (Kong)

Target: 3900 - 3920

Support: 4034 (breaking will test the 4000 mark)