11.21 AM Ethereum Analysis
In the current 1-hour chart of Ethereum, the resistance level is initially at 2900, with further resistance in the 2950-3000 range at the lower edge of the previous consolidation platform; the support level is at 2788, and if it breaks or dips near 2750. Combining the Bollinger Bands logic (current price breaking below the short-term moving average, increased trading volume, and a rise in long position liquidations), it is currently in a slightly bearish correction phase, and the Bollinger Bands may have opened downwards, with obvious selling pressure being released. In the subsequent trend, if the 2788 support holds, there may be a consolidation and repair in the 2800-2900 range; if the support fails, the correction trend will continue, and further downward risks need to be monitored.
Operational suggestion: Set up short positions in the 2900-2950 range, targeting 2750#加密市场回调
