💥Morning analysis of #以太 !
Currently, Ethereum's bullish momentum is insufficient; it is safer to operate short first and then long.
Looking at the four-hour cycle, the bullish structure is still continuing, the middle track of the Bollinger Bands is rising, the overall channel is upward, and the MACD is maintaining an upward trend, while the bearish bars continue to shrink. The KDJ is also showing an upward divergence, and the medium-term trend remains strong.
However, when switching to the one-hour short cycle, hidden dangers begin to emerge. Although the Bollinger Bands are opening upward, the momentum is clearly slowing down, the MACD's red bars continue to shrink, and the bullish attack is weakening. The KDJ is turning downward, forming a typical short-term top divergence signal.
The obvious divergence across multiple cycles indicates that the short-term rebound is approaching the pressure zone, with limited upward space and accumulating demand for a pullback.
Operational suggestion:
Gradually layout short positions in the range of 3250-3220, with a target looking towards 3140 — 3080 nearby.
Strategic thought: Focus on short positions, consider long positions only after a pullback stabilizes. Be cautious with a breakout above 3300, as the short-term bearish logic will be weakened.
