#ETH走势分析 I checked the market data this morning, and Ethereum is stuck around 3021.

These past few days have been marked by small ups and downs, and many people think it's a buildup of strength, but I tend to interpret it as the bulls are running out of steam. You can see that the pressure level above has not been broken, and there hasn't been any noticeable influx of funds to support the market data. The longer this sideways movement continues, the greater the risk of a downward break accumulates.

On the technical side, it is now close to the middle track of the Bollinger Bands. Based on this position and momentum, the possibility of hitting the lower track in the future is obviously greater than that of a rebound.

If I were to take action, I would consider looking for opportunities to place short positions in the range of 3070 to 3120, with downside targets at 2980 and 2930. Of course, the specifics still need to be combined with real-time market data, for reference only.

ETH-7.04%

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MetaverseHobo

· 14h ago

Alright, it's another night of staying up to watch the market. The long positions this time are indeed lacking strength, and if it continues to be sideways, we might as well wait for the drop.

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