ETH Rebound seems to be a bit weak, consider entering short order in the early session!

Time flies, and the weekend is here again. I hope everyone can have a satisfactory harvest by the end of the week. Back to the market, ETH has been pushed down after two consecutive highs in the past two days. The 3100 position seems like an insurmountable hurdle, indicating that the pressure above is indeed considerable.

On the hourly chart, both the MACD and KDJ indicators show a bearish arrangement, indicating that the downtrend may continue in the short term. Therefore, the strategy is very clear for these two days: a rebound is an opportunity to go short.

Short around the 3040 line, add positions at 3080, stop loss at 3120, target at 2970, 2940!

If the short order has profits, don't be overly cautious; the overall trend is still upward!