#ETH Early Market Analysis

Image 1️⃣ The consolidation zone has a实体that broke down, but the market shows that there is no accelerated decline.

Image 2️⃣ Encountered resistance around 3283 and did not manage to break through.

Image 3️⃣ From the cost perspective, it is expected that there are a large number of people chasing short positions here, but from the current cost perspective, the opposite is true, with the number of long positions continuously increasing.

In summary: broke below the consolidation zone, encountered resistance at a small level, costs are positive, which is unfavorable for the bulls.

On the contrary, one should consider shorting backed by the right side of the small level, with a stop loss at the five-minute level breaking 3293.

As the weekend approaches, liquidity is relatively poor, so selective trading is advisable.