Voyage in the Ocean of Coins: 4.11 Ethereum (ETH) Market Analysis Reference:

The trend of Ethereum is relatively similar to BTC. In the 4-hour timeframe, the Bollinger Bands show expansion followed by convergence and leveling out, with prices operating between the upper and middle bands. The middle band at 2213 serves as short-term support; after a MACD golden cross, the two lines are approaching and converging, with bullish volume shrinking and bearish momentum gradually emerging. The KDJ three lines are turning downward from a high position and entering the overbought region, showing a pullback, while the RSI indicator is also declining from a high level, indicating increased short-term retracement pressure. In the 1-hour timeframe, the Bollinger Bands are converging, with the upper band at 2261 forming strong resistance, and the lower band at 2215 serving as immediate support; the MACD two lines have a death cross extending downward with continuous volume increase, indicating bearish dominance in the market. The KDJ three lines are at a low level with a negative J value, showing initial oversold signals, while the RSI indicator is also retreating to a neutral and weak range, indicating that short-term bearish momentum has not fully released. Overall, the 4-hour timeframe shows a clear retracement trend, and the 1-hour timeframe indicates bearish momentum dominance, which will continue to oscillate downward in the short term. Strong resistance is in the 2260-2265 range, with the first support in the 2215-2220 range, and strong support at the 2200 level. For short-term trading, one can short at resistance levels with light positions, and after the oversold signals stabilize in the 1-hour timeframe, reassess short-term rebound opportunities while strictly controlling risk.

Voyage in the Ocean of Coins: 4.11 Ethereum Short-term Reference:

Short Position: Short in the 2285-2255 range, stop loss 30 points, target 2235-2185,

Long Position: Long in the 2185-2215 range, stop loss 30 points, target 2235-2285,

【The above analysis and strategies are for reference only. Please bear the risks yourself. The posting of the article may be delayed, and the strategy lacks timeliness. Do not operate blindly】

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