#以太坊行情解读 ETH 4-hour chart is currently in a terrible state—MA5, MA20, and MA60, three important moving averages, all failed simultaneously, forming a typical bearish suppression pattern. The price is being tightly held down, and every rebound is pushed back by the moving averages. From a technical perspective, it is entirely dominated by the bears.

The indicators are even more disheartening: MACD, after turning at a high level, is plunging downward, with the fast and slow lines crossing below the zero line, completely entering the bearish hunting zone. The green momentum bars are growing larger, and the downward momentum continues to be released. This short-term correction seems far from over.

In terms of trading strategy, focus on the resistance zone of 2950-3000: a rebound here is a good shorting opportunity. If it fails to break through this level, the next support levels are 2900, 2840, 2780, and 2700, moving step by step. Following the market rhythm is key to avoiding pitfalls.