Technical Analysis and Trading Strategy of 二饼 (ETH)

The current technical pattern of 二饼 (ETH) shows similar bearish characteristics to 大饼 (BTC), with the EMA indicator clearly arranged in a bearish manner, and the short-term rebound faces a key resistance zone.

Interpretation of Core Technical Indicators

1. EMA indicator: Currently in a bearish arrangement, indicating that the main trend is still downward, with the main pressure for a short-term rebound concentrated in the 3950-4000 point range.
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2. Bollinger Bands (BOLL): The lower band forms a key support level, with the current support point at 3843. If the short-term price falls below this support level, ETH is likely to enter a further weakening adjustment phase.
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3. Trading volume: After experiencing a volume decline, the market's trading capacity has significantly shrunk, and the momentum during the rebound is insufficient, indicating that the current market is still dominated by bears, and the bulls have not yet formed an effective counterattack.

Trend judgment and strategy suggestions

- Trend direction: overall bearish
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- Short-selling range: It is recommended to pay attention to the range of 3920-3970 points (i.e., the range formed by the EMA5 and EMA20 indicators), where short positions can be arranged.
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- Risk Alert: Ethereum has a strong correlation with Bitcoin. If Bitcoin falls below the key level of 107,000, Ethereum is likely to follow the downward trend. This correlation signal should be closely monitored. #eth  #以太坊