#ETH走势分析 Ethereum's bearish belt hold today shattered the dreams of many people who hoped to make $3000. Looking back, this wave of upward movement was essentially the last bull trap dump.

The technical indicators have long given sufficient hints. How strong is the resistance at the upper Bollinger Band of 3114? The 7-day moving average and the 30-day moving average have crossed downwards, which is a classic death signal. More crucially, the MACD green bars started to enlarge three days ago — the footsteps of the main force dumping, but most people choose to selectively ignore it.

How to avoid this kind of pitfall? I have summarized three practical experiences.

First, the so-called "breakout" depends on the accompanying trading volume. The psychological threshold of 3000, if it cannot hold for three consecutive trading days, it is a false breakout. Second, a single indicator can be misleading; if at least two indicators such as MACD, moving averages, or Bollinger Bands are performing poorly, it’s time to withdraw, don't harbor illusions. Third, positive news often coincides with a dump, and the reaction of indicators is always more honest than the news.

What to look for next? Short-term support is around 2700, which is the lower band of the Bollinger Bands. But is it too early to bottom out now? The DIF indicator has already dropped to -50, and the DEA is hovering around -30, with downward momentum not yet fully released. Wait for the green bars to significantly shrink, and for the price to stabilize back at 2850 (7-day moving average), then it would be reasonable to test with a small position.

The mid-term rhythm is likely to oscillate and digest in the range of 2700 to 2950, starting at least a week. Before truly breaking through the 3000 mark, chasing highs and cutting losses will only lead to being slapped on both sides.

My style is to follow the signals only, not to bet on the direction. Previously, the strategy of reducing positions at 3050 and calling for liquidation at 2900 allowed friends who followed it to avoid this round of pullback. I will release specific signals near 2750 later, so those who want to follow real-time strategies can pay attention to the dynamic updates. The market does not wait for anyone; opportunities are only given to those who are prepared. $ETH