ETH 4-hour chart

The ETH 4-hour chart has been in consolidation for a long time, with the current price hovering near the middle band of the BOLL. The Bollinger bands are continuously narrowing, indicating that a direction is about to be chosen. The MACD has formed a death cross, with the red histogram's momentum weakening and the trading volume simultaneously decreasing, showing that the short-term bullish momentum is weak.

Short-term advice:

Support levels: 2410 / 2380

Resistance levels: 2465 / 2500

Operation Suggestions:

If it breaks below 2410, you can take a light short position, targeting 2380.

Radical 2435 short

If it breaks through 2465 with volume, consider going long, targeting the 2500-2530 range.

Summary:

ETH is still in a volatile pattern, lacking breakthrough momentum in the short term. If it cannot quickly stabilize above the upper track, the risk of a pullback is greater than the upside potential. The current strategy is mainly short, waiting for a volume direction choice in the future #中心化交易所Top3的重塑时刻# #Kevin Lee入驻Gate广场# #香港数字资产政策2.0发布# .