Morning Alert! ETH short-term hides "Head and Shoulders" risk, 3230-3250 becomes the key defense level

Last night's ETH surge and decline still continues, today's morning market has returned to yesterday's volatility range, and the short-term price is once again testing the previous resistance level. From the market perspective, the selling pressure above has not diminished at all, and there are obvious signs of capital flight. Technically, a dangerous signal of "Head and Shoulders right shoulder" is emerging, and the short-term correction risk is sharply increasing.

In terms of operation, caution is required. The 3230-3250 range can directly lay out short positions, with the first target looking at the 3180-3150 support zone. If this range is lost, it may further dive to the critical level of 3090, and strict stop-loss settings are necessary to avoid unilateral risks after the formation breaks. #美联储降息