Ether made a strong breakthrough past the 3000 mark but has not effectively continued, indicating that buying pressure is weakening. Currently, it is operating around 3050. Although the daily chart has been trending up with consecutive gains, the Bollinger Bands are opening downwards. The 4-hour chart is showing a fluctuating upward trend, while the technical indicators on the 1-hour chart have turned downwards, indicating a clear pullback demand recently. For the day, the short-term strategy remains mainly focused on short positions.
Operation suggestion: Short near 3060, target around 2850.
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Ether made a strong breakthrough past the 3000 mark but has not effectively continued, indicating that buying pressure is weakening. Currently, it is operating around 3050. Although the daily chart has been trending up with consecutive gains, the Bollinger Bands are opening downwards. The 4-hour chart is showing a fluctuating upward trend, while the technical indicators on the 1-hour chart have turned downwards, indicating a clear pullback demand recently. For the day, the short-term strategy remains mainly focused on short positions.
Operation suggestion: Short near 3060, target around 2850.