April 12 Ethereum Trend Detailed Analysis and Steady Operation Recommendations:

　　On the 4-hour candlestick chart, a high was formed around 2314.95 at 00:00 on April 12. Afterward, the market experienced consecutive large bearish candles, especially at 08:00 and 20:00 on April 12, with sizable bodies, accompanied by rapid price declines, indicating strong selling pressure and a clear shift of the price center downward. On the 1-day cycle: a large bearish candle was formed on April 12, with a closing price far below the opening price, almost engulfing the bullish candle of April 11, forming a bearish engulfing pattern, indicating that the bullish momentum is exhausted and the bears are in control.

　　Technical Indicators:

　　MACD(4-hour): The DIF line has crossed below the DEA line, and the MACD histogram continues to expand below the zero line, showing strong bearish momentum and a short-term downward trend.

　　RSI(4-hour): RSI dropped sharply from a high of 73.12 at 00:00 on April 12 to 44.65, breaking below the 50 midline, indicating the market has shifted from strong to weak but has not yet entered oversold territory.

　　EMA(4-hour): The latest price of 2180.21 has fallen below the short-term EMA7(2219.35) and the medium-term EMA30(2205.26), which currently form resistance above. Although EMA7 remains above EMA30, the rapid price decline indicates that short-term upward momentum has exhausted and shifted to a downtrend. The price is approaching the long-term EMA120(2137.25), which may provide support.

　　Volume:

　　4-hour cycle: The high point at 00:00 on April 12 was accompanied by a large volume surge. The declines at 08:00 and 20:00 on April 12 also involved significant trading volume, showing intense competition between bulls and bears at high levels, with bears ultimately prevailing, confirming the downtrend with volume. On the 1-day cycle: The large bearish candle on April 12 was accompanied by high volume, slightly lower than the previous day's bullish volume but still high, indicating fund outflows during the decline and confirming the validity of the downtrend.

　　Ethereum Operation Recommendations:

　　Bearish Strategy: Suggest short positions around 2190, target levels: 2160-2130, stop-loss at 2230!

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