Ethereum also indicated a clear bearish trend last night, with a bearish outlook at the moment. Currently, the maximum profit is 80 points. On the 4-hour timeframe, there is a downward trend, with the lowest reaching 3024. This continuous decline occurred during the international market closed hours. The decline may not be over yet, so do not blindly go long #美联储降息

Ethereum's four-hour timeframe shows a clear downtrend, but it remains relatively stronger than Bitcoin. Pay attention to the 3150 resistance level, which has experienced two four-hour support and resistance reversals. The consolidation has lasted a long time, and there are many trapped positions. Support below is at 3020, which is also a previous consolidation pivot. The risk-reward ratio for going long is relatively high. Currently, the price is at the upper band of the downtrend, and sellers are strong. To go long, the market needs to stabilize around 3150 and continue sideways consolidation. Ethereum also remains bearish; prioritize shorting Bitcoin#加密市场反弹