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$ETH 11.27 Evening ETH strategy analysis
The current price is 3013. The four-hour level has seen a continuous rebound and a breakthrough of the upper Bollinger Band, which is a short-term sentiment-driven pullback, not a trend reversal: the so-called "MACD and KDJ golden cross resonance" is a technical repair after an oversell, lacking sustained volume support, and the price is still within the pressure zone of the previous downtrend. The indicators strengthening is unlikely to change the overall bearish dominance, and there is a high risk of a pullback after subsequent highs.
Trading suggestion: Short around 3050-3080, target: 2980, 2930
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